Versatile Commercial Property on Large
1555 Center Mills Rd Aspers, PA 17304
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
Days on Market360
Property Features for 1555 Center Mills Rd
General Information
Standard status
Active
Size
7,500 SF
Lot size
4.78 Acres
Listing Agency:
Keller Williams Keystone Realty
(717) 968-7777
Listed By:
Michael P Jones · License #RS331091
(717) 968-7777
Source:
Exprealty
Added: Aug 4, 2025
Changed: Jul 10
Last Checked: Jul 26 at 8:24PM
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.
Financial Insights For Flex RnD
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 | $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
NOI $75,206 @ 7.0% cap · market cap 9.40%
Second Best
Flex RnD
$749.5K
$655.8K – $874.4K
NOI $52,463 @ 7.0% cap · market cap 6.56%
Theoretical Best
Specialty Retail
$1.38M
$1.21M – $1.61M
NOI $96,694 @ 7.0% cap · market cap 12.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.
