Multi-Tenant Industrial Flex
1031-1051 Columbus Ave Lemoyne, PA
1031-1051 Columbus Ave, Lemoyne, PA, 00000
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For Sale
Contact for pricing
Well-located industrial flex property with stable tenants and strong cashflow.
Property Size36,268 SF
Lot Size2.43 Acres
Price / SF$113.05
Days on Market239
Property Features for 1031-1051 Columbus Ave
General Information
- Standard status
- Active
- Size
- 36,268 SF
- Lot size
- 2.43 Acres
- Property subtype
- INDUSTRIAL
Listing agency
Landmark Commercial Realty
(717) 979-5619
Listed by
Chuck Heller
(717) 979-5619
Source
Moodyscre
Added: Nov 25, 2025 Updated: Jul 10 at 11:57AM Checked: Jul 21 at 4:58AM
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 Landmark Commercial Realty
Investment Insights
Based on property information with market context.
This multi-tenanted industrial flex property is located in Cumberland County, Pennsylvania, a block away from Interstate 83 (Lemoyne exit). The property benefits from a central West Shore Harrisburg location and regional accessibility, with connections to I-83, PA Turnpike (I-76), PA Route 581, US Route 15, US Route 11 and I-81. The site is positioned to serve the greater Central Pennsylvania market. The property has a history of cash flow with three tenants with varying NNN lease terms. The facility offers visibility to the 44,800 vehicles per day along Route 581, and includes a sign for one of the tenants. The property is a versatile, well-maintained industrial flex facility featuring functional efficient office space for each suite, and a variety of loading positions. Zoned “Commercial General,” the site allows for a variety of permitted uses including industrial and commercial, offering long-term flexibility and value. The property has 36268 square feet of space.
Key Highlights
- Prime location one block from I‑83 with exceptional access to major transportation corridors (I‑83, I‑76/PA Turnpike, Rte 581, I‑81 & RTE 11) serving the Central Pennsylvania market.
- Stable, multi‑tenant property with strong historical cash flow and varying NNN lease terms, providing a secure and reliable income stream.
- High visibility with ±44,800 vehicles per day on Route 581, including a prominent "billboard size" sign.
Local Financial Insights For Industrial
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 | $305.4k | $8.42 |
| − Vacancy | −$14.0k | −$0.39 |
| EGI | $291.3k | $8.03 |
| − OpEx | −$87.4k | −$2.41 |
| NOI | $203.9k | $5.62 |
36,268 SF · lease $8.42/SF/yr · vacancy 4.60% · expense 30.00%
Alternative Uses
Best Use
Industrial
$2.91M
$2.55M – $3.40M
NOI $203,930 @ 7.0% cap · market cap 4.97%
Second Best
Flex RnD
$2.67M
$2.34M – $3.12M
NOI $186,934 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$8.42M
$7.37M – $9.83M
NOI $589,735 @ 7.0% cap · market cap 14.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Dj & Smoke Shack — 900 Market St, Lemoyne, PA 17043
- Get Smok'd BBQ — 1104 Carlisle Rd Suite 130, Camp Hill, PA 17011
FAQs
What type of property is this?
Flex space - Well-located industrial flex property with stable tenants and strong cashflow.
Where is this flex space located?
The property is located at 1031-1051 Columbus Ave Lemoyne, PA.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Prime location one block from I‑83 with exceptional access to major transportation corridors (I‑83, I‑76/PA Turnpike, Rte 581, I‑81 & RTE 11) serving the Central Pennsylvania market.; Stable, multi‑tenant property with strong historical cash flow and varying NNN lease terms, providing a secure and reliable income stream.; High visibility with ±44,800 vehicles per day on Route 581, including a prominent "billboard size" sign.
