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Versatile Retail Building on Large Lot

1446 Holly Pike Carlisle, PA 17015

1446 Holly Pike, Carlisle, PA, 17015
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Retail building with income potential on 13 acres.

Property Size11,200 SF
Lot Size13.00 Acres
Price / SF$176.34
AddedMay 22
Days on Market55
Last RefreshMay 27 at 8:20 am

Property Features for 1446 Holly Pike

General Information

Standard status
Active
Size
11,200 SF
Lot size
13.00 Acres
Property subtype
Retail

Building Details

Year Built
1968

Listing office NAI CIR

Listing date May 22, 2026

Source Crexi

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


Investment Insights

Based on property information with market context.

This commercial property offers a +/-11,000 square foot retail building situated on a 13 acre lot. The property, formerly the Carlisle Country Market, benefits from a location with high traffic. Additionally, there is a leased single family home at the rear of the property, providing additional income potential.

Key Highlights

  • Expansive +/-11,000 square foot retail building.
  • Generous 13 acre lot.
  • Highly traveled location.

Local Financial Insights For Retail

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 $161.3k $14.40
− Vacancy −$7.3k −$0.65
EGI $154.0k $13.75
− OpEx −$46.2k −$4.13
NOI $107.8k $9.63
11,200 SF · lease $14.40/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.54M
$1.35M – $1.80M (±1% cap)
NOI $107,816 @ 7.0% cap · market cap 5.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.60M
$2.28M – $3.04M (±1% cap)
NOI $182,117 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bartoli Produce Agricultural Supply Equine Country Gifts (Bike/Boat/Book/etc) Store Carlisle Country Market ... Specialty Food Shop The Java Junky Cafe & Coffee Shop Harner's Bakery Bakery

Suggested Use

Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store HVAC Service Storage Facility Auto Repair Shop Spa & Massage Center Furniture & Home Goods Grocery & Convenience Store

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

FAQs

What type of property is this?
Storefront property - Retail building with income potential on 13 acres.
Where is this storefront property located?
The property is located at 1446 Holly Pike Carlisle, PA.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Expansive +/-11,000 square foot retail building.; Generous 13 acre lot.; Highly traveled location.
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