Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    344 Baltimore St Gettysburg, PA 17325

    View on Map
    Loading data...
    Loading data...
    Loading data...
    Pending
    $449,900

    Charming historic brick building with commercial and residential potential.

    Lot size:
    0.10 Acres

    Property Features for 344 Baltimore St

    General Information

    Standard status
    Pending
    Lot size
    0.10 Acres

    Building Details

    Year built
    1890

    We can help!

    Listing Contact
    David L Sites
    Source: Exitrealty

    Listing Agency: Sites Realty, Inc. Listing Agent: David L Sites

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

    Learn more

    Overview

    Historic Gettysburg Mixed-Use Property

    Located in the Borough of Gettysburg, this historic brick property offers a blend of commercial and residential possibilities. The building features handicap access and includes five dedicated parking spaces. The layout is distributed across three floors. The first floor comprises living, dining, and kitchen areas, along with a half bath. The second floor includes three rooms, an office, and a porch. The third floor offers two additional rooms and is plumbed for a bath. Previously operated as an 'Escape Room' business, the property is suitable for various uses, including residential, office, or commercial ventures.
    Location Intelligence

    Current Use by Public Records

    1863 Escape Room Arcade & Gaming Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Gettysburg
    County
    Adams
    State
    Pennsylvania
    Longitude
    -77.2308633
    Latitude
    39.8258243

    Nearby Similar for Sale

    • $484,900
      2,968 SF

      Historic Gettysburg Mixed-Use Building

      Mixed-use building in Gettysburg's Historic Downtown Tourist District.
      504 Baltimore St, Gettysburg, PA 17325
      View Details
    • $484,900
      0.24 Acres

      Historic Gettysburg Mixed-Use Building

      Landmark building with storefront, apartments, and parking.
      504 Baltimore St, Gettysburg, PA 17325
      View Details
    • $319,100
      2,497 SF

      Gettysburg Mixed-Use Investment Property

      Fully leased, cash-flowing 3-unit mixed-use property in downtown Gettysburg.
      18 N Washington St, Gettysburg, PA 17325
      View Details
    • $975,000
      4.25 Acres

      Gettysburg Land with Income Potential

      4.25 acres with retail, warehouse, and residential income.
      1954 York Rd, Gettysburg, PA 17325
      View Details
    • $484,900

      Historic Gettysburg Mixed-Use Landmark Building

      Storefront with apartments in the heart of Gettysburg's Historic District.
      504 Baltimore St, Gettysburg, PA 17325
      View Details
    • $749,000

      Historic Gettysburg Victorian Multifamily Property

      Queen Anne Victorian near Gettysburg College, ideal for student housing.
      204 Carlisle St, Gettysburg, PA 17325
      View Details
    • $274,900

      Gettysburg Mixed-Use Commercial Property

      Charming brick building in prime Gettysburg location with business potential.
      123 Buford Ave, Gettysburg, PA 17325
      View Details
    • Contact for pricing

      Retail Space in Gettysburg Plaza

      3,000 SF retail space in Giant-anchored Gettysburg shopping center.
      44 Natural Springs Rd, Gettysburg, PA 17325
      View Details
    • Contact for pricing

      Retail Space Near High-Traffic Intersection

      Retail space available near signalized intersection with strong demographics.
      30 York Rd, Gettysburg, PA 17325
      View Details
    • $5,700,000

      Gettysburg Office Building For Sale

      Single tenant, fully leased office building near major routes.
      1750 Granite Station Rd, Gettysburg, PA 17325
      View Details
    • $650,000
      5,313 SF

      Gettysburg Mixed-Use Investment

      Two buildings, high-traffic location.
      1030 Fairfield Rd, Gettysburg, PA 17325
      View Details
    • $475,000
      6,969 SF

      Historic Gettysburg Office Building

      Prime Downtown Location, 6,969 SF
      220 Baltimore St, Gettysburg, PA 17325
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Charming historic brick building with commercial and residential potential.
    Where is this mixed-use property located?
    The property is located at 344 Baltimore St Gettysburg, PA.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: - Historic brick property in the heart of Gettysburg.; - Flexible layout suitable for residential, office, or commercial use.; - Five dedicated parking spaces.
    (717) 334-4674
    Request Owner's contact information
    344 Baltimore St Gettysburg, PA 17325
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    344 Baltimore St
    Gettysburg, PA 17325
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    344 Baltimore St Gettysburg, PA 17325
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    David L Sites
    Real Estate License ID: RM044314A
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!