Built-Out Retail
For Sale
$250,000
1400 PROLINE PL #400 400, Gettysburg, PA 17325
Interior-owned commercial unit in a newer mixed-use center with exterior maintenance handled by property management.
Property Size1,000 SF
Price / SF$250
Days on Market47
Property Features for 1400 PROLINE PL #400 400
General Information
Standard status
Active
Size
1,000 SF
Listing Agency:
Iron Valley Real Estate of Central PA
(717) 344-5950
Listed By:
Melinda Weikert-Kauffman · License #RS284810
(717) 324-7320
Source:
Sandrasellstheshore
Added: Sep 7
Changed: Oct 12
Last Checked: Oct 20 at 8:20PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,000-square-foot retail condominium is located within a newer mixed-use center and includes a professionally completed interior build-out. Ownership extends to the space within the unit’s walls, allowing the owner to operate on a self-directed schedule and adapt the interior as needed. The layout can support retail, office, or salon use based on the stated property features.
The property is approximately 2 miles from Gettysburg town center. Property management maintains the exterior, including mowing and snow removal, reducing the owner’s responsibility for those services.
The property is approximately 2 miles from Gettysburg town center. Property management maintains the exterior, including mowing and snow removal, reducing the owner’s responsibility for those services.
Key Highlights
- 1,000‑square‑foot retail condominium
- Professionally completed interior build‑out
- Ownership includes the space within the unit’s walls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,800
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,000
$216.0K
Cap Rate 7%
$154,286
$154.3K
Cap Rate 9%
$120,000
$120.0K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$18.0K $18.00/SF
− Vacancy
−$3.6K −$3.60/SF
EGI
$14.4K $14.40/SF
− OpEx
−$3.6K −$3.60/SF
NOI
$10.8K $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%
$216,000
Cap Rate 7%
$154,286
Cap Rate 9%
$120,000
Alternative Uses
Best Use
Office B
$154.3K
$135.0K – $180.0K
NOI $10,800 @ 7.0% cap · market cap 4.32%
Second Best
Retail
$143.3K
$125.4K – $167.1K
NOI $10,028 @ 7.0% cap · market cap 4.01%
Theoretical Best
Specialty Retail
$184.2K
$161.2K – $214.9K
NOI $12,893 @ 7.0% cap · market cap 5.16%
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
1,631
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?
Retail space - Interior-owned commercial unit in a newer mixed-use center with exterior maintenance handled by property management.
Where is this retail space located?
The property is located at 1400 PROLINE PL #400 400 Gettysburg, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,000‑square‑foot retail condominium; Professionally completed interior build‑out; Ownership includes the space within the unit’s walls
