Mixed-Use Property with Auto
New
For Sale
$169,900
2055 Buchanan Trl E, Greencastle, PA 17225
Community Commercial zoning and an existing automotive lift support the property’s residential and commercial character.
Property Size1,745 SF
Price / SF$97.36
Days on Market4
Property Features for 2055 Buchanan Trl E
General Information
Standard status
Active
Size
1,745 SF
Property subtype
Commercial
Zoning
Community Commercial
Property Condition
Severity
Repairs Needed
Evidence
in need of TLC
Amenities
auto lift
garage
basement
Building Details
Year Built
1910
Listing Agency:
Hurley Real Estate & Auctions
Listed By:
Kaleb M Hurley
(717) 597-9100
Source:
Viewmarylandhomesforsale
Added: Oct 4
Changed: Oct 7
Last Checked: Oct 7 at 2:33PM
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 Hurley Real Estate & Auctions
Investment Insights
Based on property information with market context.
Built in 1910, this property combines a residence with a large garage that retains an automotive lift. The home has 3–4 bedrooms, 2 bathrooms, a living room, family room, dining room, and kitchen. A full, unfinished basement provides additional storage. The residence needs work, and the property is zoned Community Commercial.
The garage and lift remain in place from the property’s former use as an auto repair shop. The address is 2055 Buchanan Trl E in Greencastle, Pennsylvania.
The garage and lift remain in place from the property’s former use as an auto repair shop. The address is 2055 Buchanan Trl E in Greencastle, Pennsylvania.
Key Highlights
- Community Commercial zoning
- Residence offers 3–4 bedrooms and 2 bathrooms
- Large garage includes an automotive lift
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,182
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$203,640
$203.6K
Cap Rate 7%
$145,457
$145.5K
Cap Rate 9%
$113,133
$113.1K
Market Conditions
NOI Build-Up for 1,745 SF
Gross rent
$15.4K $8.83/SF
− Vacancy
−$863 −$0.49/SF
EGI
$14.5K $8.34/SF
− OpEx
−$4.4K −$2.50/SF
NOI
$10.2K $5.83/SF
Area
Franklin County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$203,640
Cap Rate 7%
$145,457
Cap Rate 9%
$113,133
Alternative Uses
Best Use
Mixed Use
$246.8K
$216.0K – $287.9K
NOI $17,276 @ 7.0% cap · market cap 10.17%
Second Best
Retail
$234.3K
$205.0K – $273.3K
NOI $16,399 @ 7.0% cap · market cap 9.65%
Theoretical Best
Office A
$423.1K
$370.2K – $493.6K
NOI $29,618 @ 7.0% cap · market cap 17.43%
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
40
Businesses Nearby
Explore this area
Business Placement
Demographics for 17225, PA
20,199
Population
8,132
Households
2.5
Avg Household Size
42
Median Age
25%
College-Educated
92%
High-School Grad
81.8 sq mi
ZIP Area
247
Density / Sq Mi
$87,245
Median Household Income
$46,317
Median Earnings
$969
Median Rent
$266,100
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 Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Community Commercial zoning and an existing automotive lift support the property’s residential and commercial character.
Where is this mixed-use property located?
The property is located at 2055 Buchanan Trl E Greencastle, PA.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Community Commercial zoning; Residence offers 3–4 bedrooms and 2 bathrooms; Large garage includes an automotive lift
