Mixed-Use Building with
New
For Sale
$675,000
1924 MARKET STREET, Camp Hill, PA 17011
Two street-level commercial suites sit below a pair of residential units in the Downtown Camp Hill District.
Property Size3,000 SF
Price / SF$225
Days on Market4
Property Features for 1924 MARKET STREET
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Quadruplex
Building Details
Year Built
1870
Listing Agency:
RE/MAX 1st Advantage
(717) 591-5555
Listed By:
Morgan Tressler · License #AB069247
(717) 275-2756
Source:
Cummingsrealtors
Added: Oct 2
Changed: Oct 4
Last Checked: Oct 5 at 6:34PM
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 RE/MAX 1st Advantage
Investment Insights
Based on property information with market context.
At 1924 Market Street, this 3,000-square-foot mixed-use property dates to 1870 and contains four separate units. The ground floor has two commercial suites: one is occupied by a beauty-industry tenant, while the other is vacant. Above them are two one-bedroom apartments. A walk-up attic provides additional interior space. Electrical service has been updated, and each unit has its own gas boiler.
The property is in the Downtown Camp Hill District, among local shops, restaurants, businesses, and other amenities. Off-street parking is available. The combination of commercial and residential space allows for multiple income streams, with one commercial suite currently vacant.
The property is in the Downtown Camp Hill District, among local shops, restaurants, businesses, and other amenities. Off-street parking is available. The combination of commercial and residential space allows for multiple income streams, with one commercial suite currently vacant.
Key Highlights
- 3,000‑square‑foot mixed‑use property built in 1870
- Four units: two commercial suites and two one‑bedroom apartments
- One commercial suite occupied by a beauty‑industry tenant; the second is vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,879
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,580
$577.6K
Cap Rate 7%
$412,557
$412.6K
Cap Rate 9%
$320,878
$320.9K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$43.2K $14.40/SF
− Vacancy
−$1.9K −$0.65/SF
EGI
$41.3K $13.75/SF
− OpEx
−$12.4K −$4.13/SF
NOI
$28.9K $9.63/SF
Area
Cumberland County, PA
Vacancy
4.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,580
Cap Rate 7%
$412,557
Cap Rate 9%
$320,878
Alternative Uses
Best Use
Retail
$412.6K
$361.0K – $481.3K
NOI $28,879 @ 7.0% cap · market cap 4.28%
Second Best
Mixed Use
$401.4K
$351.2K – $468.3K
NOI $28,097 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$696.9K
$609.8K – $813.0K
NOI $48,781 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
Explore this area
Business Placement
Demographics for 17011, PA
36,184
Population
14,999
Households
2.4
Avg Household Size
41
Median Age
44%
College-Educated
92%
High-School Grad
13.1 sq mi
ZIP Area
2,762
Density / Sq Mi
$88,889
Median Household Income
$52,518
Median Earnings
$1,270
Median Rent
$261,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two street-level commercial suites sit below a pair of residential units in the Downtown Camp Hill District.
Where is this mixed-use property located?
The property is located at 1924 MARKET STREET Camp Hill, PA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 3,000‑square‑foot mixed‑use property built in 1870; Four units: two commercial suites and two one‑bedroom apartments; One commercial suite occupied by a beauty‑industry tenant; the second is vacant
