2642 Walnut Street Harrisburg, PA 17103
1,400 SF commercial property with high visibility and parking.
Property Features for 2642 Walnut Street
General Information
- Standard status
- Active
- Size
- 1,400 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1950
Listing office Landmark Commercial Realty
Listing date May 13, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- High Visibility: Located on Walnut Street with over 6,700 vehicles passing daily.
- Functional Space: Approximately 1,400 sq ft with a loft/mezzanine.
- On‑Site Parking: Includes dedicated parking spaces.
Local Financial Insights For Retail
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 | $21.0k | $15.00 |
| − Vacancy | −$945 | −$0.68 |
| EGI | $20.1k | $14.33 |
| − OpEx | −$6.0k | −$4.30 |
| NOI | $14.0k | $10.03 |
