Connected Office
139-143 Carlisle St, Gettysburg, PA 17325
For Sale
New
$750,000
The combined layout includes private offices, reception, conference, kitchen, storage, and restroom areas.
Property Size5,330 SF
Days on Market2
Property Features for 139-143 Carlisle St
General Information
Standard status
Size
Class
Property subtype
Zoning
Additional Details
Property Use
Amenities
collaboration spaces
kitchen
reception area
conference room
Building Details
Building Size
Listing Agency:
NAI CIR
Listed By:
Amber Corbo · License #RS351891
(717) 395-1804
Source:
Naiglobal
Added: Nov 8
Last Checked: Nov 8 at 4:30PM
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 NAI CIR
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Two office buildings at 139-143 Carlisle Street are joined by an enclosed glass walkway, allowing internal passage between them. The 2,558-SF building has six offices, a kitchen, storage, and 1.5 bathrooms. The 2,772-SF building contains nine offices, a reception area, a conference room, a kitchen, and 1.5 bathrooms. Together, the properties offer a varied office layout with both private and shared spaces.
The buildings are in downtown Gettysburg and the Gettysburg Historic District, minutes from the Gettysburg square. Their zoning is OT Downtown; uses identified by Gettysburg Borough include multifamily, bed and breakfast, and general commercial office.
The buildings are in downtown Gettysburg and the Gettysburg Historic District, minutes from the Gettysburg square. Their zoning is OT Downtown; uses identified by Gettysburg Borough include multifamily, bed and breakfast, and general commercial office.
Key Highlights
- Two office buildings connected by an enclosed glass walkway
- 139 Carlisle: 2,558 SF with six offices, kitchen, storage, and 1.5 bathrooms
- 143 Carlisle: 2,772 SF with nine offices, reception, conference room, kitchen, and 1.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,564
Cap Rate
7.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,151,280
$1.2M
Cap Rate 7%
$822,343
$822.3K
Cap Rate 9%
$639,600
$639.6K
Market Conditions
NOI Build-Up for 5,330 SF
Gross rent
$95.9K $18.00/SF
− Vacancy
−$19.2K −$3.60/SF
EGI
$76.8K $14.40/SF
− OpEx
−$19.2K −$3.60/SF
NOI
$57.6K $10.80/SF
Area
Adams County, PA
Vacancy
20.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,151,280
Cap Rate 7%
$822,343
Cap Rate 9%
$639,600
Alternative Uses
Best Use
Office B
$822.3K
$719.6K – $959.4K
NOI $57,564 @ 7.0% cap · market cap 7.68%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$981.7K
$859.0K – $1.15M
NOI $68,717 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,592
Businesses Nearby
Explore this area
Business Placement
Demographics for 17325, PA
27,879
Population
12,021
Households
2.3
Avg Household Size
45
Median Age
34%
College-Educated
92%
High-School Grad
126.0 sq mi
ZIP Area
221
Density / Sq Mi
$79,351
Median Household Income
$32,633
Median Earnings
$956
Median Rent
$278,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - The combined layout includes private offices, reception, conference, kitchen, storage, and restroom areas.
Where is this office building located?
The property is located at 139-143 Carlisle St Gettysburg, PA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two office buildings connected by an enclosed glass walkway; 139 Carlisle: 2,558 SF with six offices, kitchen, storage, and 1.5 bathrooms; 143 Carlisle: 2,772 SF with nine offices, reception, conference room, kitchen, and 1.5 bathrooms
