Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    247 Baltimore Street Gettysburg, PA 17325

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,800 /Mo

    Fully-leased, three-story commercial building in downtown Gettysburg.

    Type:Mixed Use
    Property size:
    3,752 SF
    Added:
    Nov 21, 2025
    Days on Market:
    135
    Last Refresh:
    Dec 16 at 8:29 pm

    Property Features for 247 Baltimore Street

    General Information

    Standard status
    Active
    Size
    3,752 SF
    Property subtype
    Mixed Use

    Building Details

    Year Built
    1880

    Spaces For Lease

    at 247 Baltimore Street Contact us

    We can help!

    Listing Contact
    Ryan J Kipper

    Listing agent Ryan J Kipper

    Listing office

    Listing date Nov 21, 2025

    Source Circommercial

    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 Ryan J Kipper

    Overview

    Downtown Gettysburg Commercial Building

    This is a fully-leased, three-story commercial building located in downtown Gettysburg. The property is occupied by two tenants: a retail store on the first floor, and an office user occupying the second and third floors. The property provides street parking and a paved rear lot. The building is within walking distance of downtown attractions, restaurants, and various offices and retailers, and is located within 0.2 miles of Lincoln Square. It offers close proximity to local and regional attractions with access to Route 30 and Route 15. The property has a size of 3752 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Timothy & Sons Roofing Roofing Company Nature’s Touch, LLC Metaphysical Supply Store

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gettysburg
    County
    Adams
    State
    Pennsylvania
    Longitude
    -77.2313
    Latitude
    39.8274

    Nearby Similar for Lease

    • Contact for pricing

      Gettysburg Medical Office For Lease

      Medical office and surgery space available for lease in Gettysburg.
      14 E HANOVER, GETTYSBURG, PA 17325
      View Details
    • Contact for pricing

      Downtown Gettysburg Office Space Available

      Office space for rent in a beautiful downtown Gettysburg building.
      37 W Middle St, GETTYSBURG, PA, 17325-2102
      View Details
    • Contact for pricing

      Versatile Commercial Property Near Gettysburg

      Commercial property suitable for retail, office, warehouse, or service-based operations.
      2020 Chambersburg Rd, GETTYSBURG, PA, 17325-7416
      View Details
    • Contact for pricing

      Retail Space in Gettysburg Village

      Retail space available in a high-traffic Gettysburg outlet center.
      1863 Gettysburg Village Dr, Gettysburg, PA
      View Details
    • Contact for pricing

      Retail Opportunity in Gettysburg, PA

      Retail property available for lease in Gettysburg, Pennsylvania.
      Lincoln Hwy & Gateway Blvd, Gettysburg, PA, 17325
      View Details
    • Contact for pricing

      Gettysburg Retail and Office Space

      Retail and office spaces available in Gettysburg shopping center.
      26 Springs Ave, Gettysburg, PA 17325
      View Details
    • Contact for pricing

      Gettysburg Flex Space on Large Lot

      Flex commercial space for lease or purchase in Gettysburg, PA.
      1789 York Rd, Gettysburg, PA 17325
      View Details
    • Contact for pricing

      Gettysburg Medical/Office Center For Rent

      Medical/office center near US Route 30, Gettysburg, PA.
      20 Expedition Trail, Gettysburg, PA 17325
      View Details
    • Contact for pricing

      Prime Gettysburg Corner Development Opportunity

      High-visibility corner location suitable for retail, medical, or restaurant use.
      Route 30 & Gateway Blvd, Gettysburg, PA 17325
      View Details
    • $12/mo

      Downtown Gettysburg Mixed-Use Opportunity

      Iconic 37,263 SF building with flexible commercial space.
      19 Baltimore St, Gettysburg, PA 17325
      View Details
    • Contact for pricing

      Outlet Shoppes in Gettysburg

      Dominant retail destination near historical Gettysburg attractions.
      1863-1865 Gettysburg Village Dr, Gettysburg, PA 17325
      View Details
    • Contact for pricing

      Retail Space at Signalized Intersection

      Retail spaces available at a high-traffic intersection near Gettysburg.
      Route 15 & Route 30 (York Road), Gettysburg, PA 17325
      View Details

    FAQs

    What type of property is this?
    Retail space - Fully-leased, three-story commercial building in downtown Gettysburg.
    Where is this retail space located?
    The property is located at 247 Baltimore Street Gettysburg, PA.
    What is the lease rate?
    The lease rate is $1,800 /Mo.
    What are key features of this property?
    This property features: Fully‑leased commercial building providing immediate income.; Prime location in the heart of Downtown Gettysburg.; Walkable to downtown attractions, restaurants, and offices.
    We can help!
    Listing Contact
    Ryan J Kipper
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!