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Carlisle Mixed-Use Investment Opportunity

10 West Pomfret Street Carlisle, PA 17013

10 West Pomfret Street, Carlisle, PA, 17013
$265,000
For Sale
Claim this Listing
$265,000

Mixed-use property in Carlisle's Historic District with restaurant and apartment.

Property Size1,792 SF
Price / SF$147.88
AddedApr 23
Days on Market84
Last RefreshJul 4 at 5:21 am

Property Features for 10 West Pomfret Street

General Information

Standard status
Active
Size
1,792 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1925

Listing office Iron Valley Real Estate of Central PA

Listing date Apr 23, 2026

Source Compass

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Iron Valley Real Estate of Central PA


Investment Insights

Based on property information with market context.

Located in the heart of Carlisle’s Historic District and Central Business District, this mixed-use 2-unit property offers visibility and pedestrian traffic. The first floor is occupied by an established restaurant space with street presence and outdoor seating, while the second floor features a separately accessed residential apartment. Positioned just steps from Dickinson College, the Square, shops, restaurants, and community events, this property presents an opportunity for investors, owner-operators, or those seeking a downtown live/work setup. The property is located in Carlisle Boro. The property size is 1792 square feet.

Key Highlights

  • Prime location in Carlisle's Historic District and Central Business District with high pedestrian traffic.
  • Mixed‑use 2‑unit property with established restaurant space on the first floor and a residential apartment on the second floor.
  • Strong street presence with outdoor seating for the restaurant.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $25.8k $14.40
− Vacancy −$1.2k −$0.65
EGI $24.6k $13.75
− OpEx −$6.2k −$3.44
NOI $18.5k $10.31
1,792 SF · lease $14.40/SF/yr · vacancy 4.50% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$264.0K
$231.0K – $308.1K (±1% cap)
NOI $18,483 @ 7.0% cap · market cap 6.97%
Second Best
Mixed Use
$239.8K
$209.8K – $279.7K (±1% cap)
NOI $16,783 @ 7.0% cap · market cap 6.33%
Theoretical Best
Office A
$416.3K
$364.2K – $485.7K (±1% cap)
NOI $29,139 @ 7.0% cap · market cap 11.00%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

B&L Caribbean Restaurant Restaurant

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Cosmetic Store Florist Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Fish Market Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Mixed-use property in Carlisle's Historic District with restaurant and apartment.
Where is this mixed-use property located?
The property is located at 10 West Pomfret Street Carlisle, PA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Prime location in Carlisle's Historic District and Central Business District with high pedestrian traffic.; Mixed‑use 2‑unit property with established restaurant space on the first floor and a residential apartment on the second floor.; Strong street presence with outdoor seating for the restaurant.
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More about this property
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