Flex Warehouse with Office
244 West 2nd Street Hummelstown, PA 17036
244 West 2nd Street, Hummelstown, PA, 17036
Contact for pricing
For Sale
Contact for pricing
Recently constructed flex facility offers two office/waiting areas, ADA restrooms, and two drive-in warehouse doors.
Property Size2,160 SF
Price / SF$229.17
Days on Market104
Property Features for 244 West 2nd Street
General Information
- Standard status
- Active
- Size
- 2,160 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2016
Listing agency
NAI CIR
(717) 395-1804
Listed by
Amber Corbo · License #PA
Source
Crexi
Added: Apr 11 Updated: Jul 23 at 12:22AM Checked: Jul 23 at 12:22AM
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 NAI CIR
Investment Insights
Based on property information with market context.
This recently constructed flex property includes two spacious office and waiting areas, two ADA-compliant restrooms, and two warehouse drive-in doors. The rear fenced lot can remain secured or be opened to support additional outdoor storage, parking, or expanded operational use. The building is designed for versatility, with the ability to be configured for multi-tenant occupancy using two suites supported by separate utilities, or used as a single owner-user layout with internal connectivity via a warehouse man door.
Located in Hummelstown Borough, the property is surrounded by warehouses and nearby community and residential uses, and is blocks from the town square with local restaurants and retail shops. The area provides immediate access to Route 322, with convenient drive times to Interstates 83 and 81.
The current tenant arrangement includes two occupants; please contact the agent for details.
Located in Hummelstown Borough, the property is surrounded by warehouses and nearby community and residential uses, and is blocks from the town square with local restaurants and retail shops. The area provides immediate access to Route 322, with convenient drive times to Interstates 83 and 81.
The current tenant arrangement includes two occupants; please contact the agent for details.
Key Highlights
- Recently constructed commercial flex facility built in 2016
- Functional layout includes 2 office/waiting areas, 2 ADA‑compliant restrooms, and 2 warehouse drive‑in doors
- Rear fenced lot can remain secured or be opened for outdoor storage, parking, or expanded operational use
Local Financial Insights For Office B
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 | $43.3k | $20.04 |
| − Vacancy | −$6.3k | −$2.91 |
| EGI | $37.0k | $17.13 |
| − OpEx | −$9.3k | −$4.28 |
| NOI | $27.8k | $12.85 |
2,160 SF · lease $20.04/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Warehouse
$2.50M
$2.19M – $2.92M
NOI $175,306 @ 7.0% cap · market cap 35.42%
Second Best
Industrial
$2.06M
$1.80M – $2.41M
NOI $144,370 @ 7.0% cap · market cap 29.17%
Theoretical Best
Specialty Retail
$3.98M
$3.48M – $4.64M
NOI $278,478 @ 7.0% cap · market cap 56.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
M & S Auto ...
Car Dealership
Similar For Sale Nearby
Similar Off Market Nearby
- Sweet Dawgs Frozen Desserts, Hershey Pa — 400 E Main St, Hummelstown, PA 17036
FAQs
What type of property is this?
Flex space - Recently constructed flex facility offers two office/waiting areas, ADA restrooms, and two drive-in warehouse doors.
Where is this flex space located?
The property is located at 244 West 2nd Street Hummelstown, PA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Recently constructed commercial flex facility built in 2016; Functional layout includes 2 office/waiting areas, 2 ADA‑compliant restrooms, and 2 warehouse drive‑in doors; Rear fenced lot can remain secured or be opened for outdoor storage, parking, or expanded operational use
