Bed and Breakfast with
New
For Sale
$949,900
2350 BALTIMORE PIKE, Gettysburg, PA 17325
The property includes seven bedrooms and seven baths across a historic main house and a two-story cottage.
Property Size4,652 SF
Lot Size18.60 Acres
Price / SF$204.19
Days on Market5
Property Features for 2350 BALTIMORE PIKE
General Information
Standard status
Active
Size
4,652 SF
Lot size
18.60 Acres
Property subtype
Commercial
Additional Details
Road Access
Yes
Currently Operating
Yes
Amenities
original fireplaces
wood floors
beehive oven
exposed wood beams
covered front porch
brick walkway
Building Details
Year Built
1862
Construction
Federal-style
Listing Agency:
Sites Realty, Inc.
(717) 334-4674
Listed By:
David L Sites · License #RM044314A
(717) 487-4000
Source:
Cummingsrealtors
Added: Oct 26
Changed: Oct 29
Last Checked: Oct 28 at 4:19PM
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 Sites Realty, Inc.
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Investment Insights
Based on property information with market context.
Built in 1862, this Federal-style bed and breakfast comprises 4,652 square feet, with seven bedrooms and seven baths between the main residence and attached cottage. The house includes a parlor, dining room, kitchen, and family room, along with original fireplaces, wood floors, exposed beams, and a beehive oven. A glass-enclosed breezeway connects the main house to the two-story cottage, which has an upper-level bedroom, bath, and living area. The property has operated as a bed and breakfast since 1998.
The estate sits on 3.3 acres, with an additional 15.3 acres of partially wooded land. It fronts Baltimore Pike, three miles from Gettysburg. The property was built by Sheriff Isaac Lightner and served as a hospital during the Battle of Gettysburg.
The estate sits on 3.3 acres, with an additional 15.3 acres of partially wooded land. It fronts Baltimore Pike, three miles from Gettysburg. The property was built by Sheriff Isaac Lightner and served as a hospital during the Battle of Gettysburg.
Key Highlights
- 7 bedrooms and 7 baths across the main residence and cottage
- 4,652 square feet; built in 1862
- 3.3‑acre estate with an additional 15.3 acres of partially wooded land
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,334
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,680
$586.7K
Cap Rate 7%
$419,057
$419.1K
Cap Rate 9%
$325,933
$325.9K
Market Conditions
NOI Build-Up for 4,652 SF
Gross rent
$69.8K $15.00/SF
− Vacancy
−$8.0K −$1.73/SF
EGI
$61.8K $13.28/SF
− OpEx
−$32.4K −$6.97/SF
NOI
$29.3K $6.31/SF
Area
Adams County, PA
Vacancy
11.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,680
Cap Rate 7%
$419,057
Cap Rate 9%
$325,933
Alternative Uses
Best Use
Hotel Hospitality
$419.1K
$366.7K – $488.9K
NOI $29,334 @ 7.0% cap · market cap 3.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$856.8K
$749.7K – $999.6K
NOI $59,976 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 17325, PA
27,879
Population
12,021
Households
2.3
Avg Household Size
45
Median Age
34%
College-Educated
92%
High-School Grad
126.0 sq mi
ZIP Area
221
Density / Sq Mi
$79,351
Median Household Income
$32,633
Median Earnings
$956
Median Rent
$278,800
Median Home Value
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Similar Off Market Nearby
- Lightner Farmhouse Bed & Breakfast — 2350 Baltimore Pike, Gettysburg, PA 17325
Frequently Asked Questions
What type of property is this?
Bed & breakfast - The property includes seven bedrooms and seven baths across a historic main house and a two-story cottage.
Where is this bed & breakfast located?
The property is located at 2350 BALTIMORE PIKE Gettysburg, PA.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: 7 bedrooms and 7 baths across the main residence and cottage; 4,652 square feet; built in 1862; 3.3‑acre estate with an additional 15.3 acres of partially wooded land
