Mixed-Use Commercial
For Sale
Contact for pricing
1440 Market House Lane, Mechanicsburg, PA 17055
Purpose-built space features flexible interiors, a commercial hood, and direct connection between indoor and outdoor areas.
Property Size8,332 SF
Price / SF$264.04
Days on Market61
Property Features for 1440 Market House Lane
General Information
Standard status
Active
Size
8,332 SF
Total Parking Spaces
119
Property subtype
Retail, Office, Special Purpose
Additional Details
Corner Location
Yes
Amenities
commercial hood
full-size glass & wood doors
mezzanine loft
courtyard
patio
exposed steel
custom millwork
Building Details
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Neighborhood Commercial
Listed By:
Paul D. Fulmer · License #RM426461
Source:
Crexi
Added: Aug 27
Changed: Oct 25
Last Checked: Oct 24 at 3:21PM
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 Neighborhood Commercial
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Investment Insights
Based on property information with market context.
This 8,332-square-foot mixed-use commercial property includes 7,556 square feet at grade and a 776-square-foot mezzanine. The interior has an open, column-light layout, exposed steel, custom millwork, and folding glass-and-wood doors that connect the dining area with the patio. A commercial hood, courtyard, and mezzanine loft support restaurant, event, office, and professional-service configurations.
The property occupies a corner at Market House Lane and Arcona Road in Mechanicsburg, with shared parking for 119 vehicles. Its layout can accommodate a range of stated use concepts, including restaurant or event space, medical, dental, med-spa, and creative office applications. The address is 1440 Market House Lane, Mechanicsburg, PA 17055.
The property occupies a corner at Market House Lane and Arcona Road in Mechanicsburg, with shared parking for 119 vehicles. Its layout can accommodate a range of stated use concepts, including restaurant or event space, medical, dental, med-spa, and creative office applications. The address is 1440 Market House Lane, Mechanicsburg, PA 17055.
Key Highlights
- 8,332 SF total, including 7,556 SF at grade and a 776 SF mezzanine
- Corner exposure at Market House Lane and Arcona Road
- Shared parking for 119 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,846
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,116,920
$2.1M
Cap Rate 7%
$1,512,086
$1.5M
Cap Rate 9%
$1,176,067
$1.2M
Market Conditions
NOI Build-Up for 8,332 SF
Gross rent
$150.0K $18.00/SF
− Vacancy
−$8.8K −$1.06/SF
EGI
$141.1K $16.94/SF
− OpEx
−$35.3K −$4.23/SF
NOI
$105.8K $12.70/SF
Area
Cumberland County, PA
Vacancy
5.90%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,116,920
Cap Rate 7%
$1,512,086
Cap Rate 9%
$1,176,067
Alternative Uses
Best Use
Office B
$1.51M
$1.32M – $1.76M
NOI $105,846 @ 7.0% cap · market cap 4.81%
Second Best
Specialty Retail
$1.23M
$1.07M – $1.43M
NOI $85,936 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$1.94M
$1.69M – $2.26M
NOI $135,482 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
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Business Placement
Demographics for 17055, PA
40,353
Population
18,994
Households
2.1
Avg Household Size
42
Median Age
47%
College-Educated
97%
High-School Grad
39.2 sq mi
ZIP Area
1,029
Density / Sq Mi
$95,542
Median Household Income
$55,923
Median Earnings
$1,320
Median Rent
$266,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Purpose-built space features flexible interiors, a commercial hood, and direct connection between indoor and outdoor areas.
Where is this mixed-use property located?
The property is located at 1440 Market House Lane Mechanicsburg, PA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 8,332 SF total, including 7,556 SF at grade and a 776 SF mezzanine; Corner exposure at Market House Lane and Arcona Road; Shared parking for 119 vehicles
