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    1227 Ritner Hwy Carlisle, PA 17013

    For Sale
    $435,000

    High-visibility Carlisle commercial/residential building.

    Property size:
    2,016 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional mixed-use property at 1227 Ritner Highway in Carlisle, PA, presents a unique investment opportunity. The 2,016 square foot building sits on a 0.26-acre lot and boasts a high-visibility, high-traffic location, ideal for a variety of businesses. The first floor offers 1,008 square feet of C-3 zoned commercial space, perfect for service industries. This area features a spacious waiting area, a private office, a half bath, and a kitchenette, allowing for flexible configuration to suit individual business needs. Upstairs, a 1-bedroom, 2-bathroom loft apartment with newly installed carpeting provides excellent rental income potential. Adding to the income potential is a three-bay garage, which can be rented separately or integrated into the business operations. Separate heating and cooling systems for both the commercial and residential units ensure efficient energy management. Furthermore, a substantial corrugated steel storage building, approximately 1,600 square feet, is equipped with three overhead garage doors and an electrical circuit breaker system, though it is unheated. This versatile property offers a blend of commercial and residential income streams, making it an attractive investment in a prime Carlisle location. The asking price is $435,000.

    Property Features for 1227 Ritner Hwy

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,016 SF
    Lot Size
    11,326 SF

    Building Details

    Year Built
    1970
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    John Hockensmith Masonry ... Masonry Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Carlisle
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -77.21327
    Latitude
    40.20176

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    FAQs

    What type of property is this?
    Mixed-use property - High-visibility Carlisle commercial/residential building.
    Where is this mixed-use property located?
    The property is located at 1227 Ritner Hwy Carlisle, PA.
    What is the asking price?
    The asking price for this property is $435,000.
    (717) 275-4405
    Request Owner's contact information
    1227 Ritner Hwy Carlisle, PA 17013
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    Carlisle, PA 17013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1227 Ritner Hwy Carlisle, PA 17013
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