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Versatile Commercial Property on Large Lot

1555 Center Mills Rd Aspers, PA 17304

1555 Center Mills Rd, Aspers, PA, 17304

$800,000

For Sale

$800,000

Commercial property with workshop, parking, and expansion potential on 4.78 acres.

Property Size7,500 SF

Lot Size4.78 Acres

Price / SF$106.67

AddedAug 4, 2025

Days on Market346

Last RefreshMay 18 at 8:28 am

Property Features for 1555 Center Mills Rd

General Information

Standard status: Active
Size: 7,500 SF
Lot size: 4.78 Acres

Listing office Keller Williams Keystone Realty

Listing date Aug 4, 2025

Source Exprealty

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 Keller Williams Keystone Realty

Investment Insights

Based on property information with market context.

The commercial property at 1555 Center Mills Rd in Aspers, Adams County, Pennsylvania, offers over 7,500 square feet of usable space on a 4.78-acre parcel. The site is suitable for auto-related uses, contractor operations, equipment storage, or light industrial applications. The primary structure features a 50-foot by 110-foot workshop with a combination of 14-foot and 10-foot ceiling heights, three oversized 12-foot drive-in doors, and LED lighting. The layout supports both operations and customer-facing uses. Interior improvements include a waiting area/office, a commercial-grade kitchen, and separate men’s and women’s restrooms. The building is equipped with multiple heating systems, including five 100,000 BTU furnaces, coal stoves, and Modine-style heaters. The 4.78-acre parcel provides ample parking and a driveway leading to a flat, open upper section, suitable for expansion, additional parking, outdoor storage, or future development. The land configuration supports a range of potential uses including auto service, vehicle or equipment inventory, contractor yard, landscaping operation, or storage facilities, subject to township approvals. The property has convenient access to Gettysburg, York, and Carlisle, offering a combination of rural setting and regional connectivity.

Key Highlights

Over 7,500 SF of usable commercial space on 4.78 acres.
50’ x 110’ workshop with 14’ and 10’ ceiling heights and three oversized 12’ drive‑in doors.
Ample parking and a flat, open upper section suitable for expansion, additional parking, outdoor storage, or future development.

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$85.5k	$11.40
− Vacancy	−$4.8k	−$0.64
EGI	$80.7k	$10.76
− OpEx	−$28.2k	−$3.77
NOI	$52.5k	$7.00

7,500 SF · lease $11.40/SF/yr · vacancy 5.60% · expense 35.00%

Alternative Uses

Best Use

Retail

$1.07M

$940.1K – $1.25M (±1% cap)

NOI $75,206 @ 7.0% cap · market cap 9.40%

Second Best

Flex RnD

$749.5K

$655.8K – $874.4K (±1% cap)

NOI $52,463 @ 7.0% cap · market cap 6.56%

Theoretical Best

Specialty Retail

$1.38M

$1.21M – $1.61M (±1% cap)

NOI $96,694 @ 7.0% cap · market cap 12.09%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

IHOP Restaurant Newberry Interiors / Newberry ... General Contractor

Suggested Use

For sale
Flex space
PA
Aspers
17304
1555 Center Mills Rd

What type of property is this?

Flex space - Commercial property with workshop, parking, and expansion potential on 4.78 acres.

Where is this flex space located?

The property is located at 1555 Center Mills Rd Aspers, PA.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: Over 7,500 SF of usable commercial space on 4.78 acres.; 50’ x 110’ workshop with 14’ and 10’ ceiling heights and **three oversized 12’ drive‑in doors.**; **Ample parking** and a flat, open upper section suitable for expansion, additional parking, outdoor storage, or future development.