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Student Housing and Retail Portfolio

25 W High St Carlisle, PA 17013

25 W High St, Carlisle, PA, 17013
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For Sale
Contact for pricing

55-unit Dickinson College-area housing portfolio includes additional leaseable retail and office space.

Days on Market102

Property Features for 25 W High St

General Information

Standard status
Active
Property subtype
Multifamily, Retail
Listing agency Feldman Ruel
Listed by Christopher Chadwick · License #VA 0225206248
Source Crexi
Added: Apr 11 Updated: Jul 21 at 1:55AM Checked: Jul 21 at 1:55AM

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 Feldman Ruel


Investment Insights

Based on property information with market context.

Marcus & Millichap presents the Dickinson Portfolio, a for-sale offering totaling 55 housing units (140 beds) in Carlisle, Pennsylvania. The student housing portion is 98% occupied with 70% of total beds pre-leased for the 2019-2020 school year. The unit mix includes one studio unit, three one-bedroom units, 25 two-bedroom units, one two-bedroom/two-bath unit, three three-bedroom units, and 20 dorm-style units, along with six bathrooms and two kitchen/living room spaces.

The portfolio also includes retail and office spaces available to lease, providing over $41,000 of additional income per year. Two of the five properties are master leased through the university until June 2025 and include a total of 5,100 square feet of rentable commercial space plus six revenue-gaining storage garages totaling 1,820 square feet. Located at 27 W High Street, the second-floor space is occupied by a dance studio used and maintained by Dickinson College.

The housing and commercial components are within walking distance of Dickinson College’s main campus, less than one mile from Penn State Dickinson Law, and under two miles from the United States Army War College.

Key Highlights

  • 55‑unit Dickinson College‑area portfolio with 140 beds and student housing at 98% occupancy
  • 70% of total beds pre‑leased for the 2019–2020 school year
  • Student unit mix includes 1 studio, 3 one‑bedroom, 25 two‑bedroom, 1 two‑bedroom (2‑bath), 3 three‑bedroom, and 20 dorm‑style units

Property Analytics

Location Intelligence

Current Use by Public Records

Moose Lodge Volunteer Organization Central Wedge Cheese ... Bakery

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Florist Cosmetic Store Storage Facility (Bike/Boat/Book/etc) Store HVAC Service Fish Market (Bike/Boat/Book/etc) Store Pet Grooming Service

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

FAQs

What type of property is this?
Apartment building - 55-unit Dickinson College-area housing portfolio includes additional leaseable retail and office space.
Where is this apartment building located?
The property is located at 25 W High St Carlisle, PA.
What are key features of this property?
This property features: 55‑unit Dickinson College‑area portfolio with 140 beds and student housing at 98% occupancy; 70% of total beds pre‑leased for the 2019–2020 school year; Student unit mix includes 1 studio, 3 one‑bedroom, 25 two‑bedroom, 1 two‑bedroom (2‑bath), 3 three‑bedroom, and 20 dorm‑style units
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