321 Cherry Street, Carlisle, PA 17013

Listing agent Matt Madden License #AB067554

Listing office Keller Williams of Central PA

Listing date Jun 13, 2026

Source Crexi

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 Keller Williams of Central PA

Report an issue

---

Overview

The property presents an Opportunity Zone mixed-use development opportunity comprised of two parcels totaling 5.34 acres. The site includes an existing 40,000+ SF industrial building that can support adaptive reuse as part of a broader redevelopment plan. Concept plans indicate potential for 100+ apartments along with a mix of commercial uses, subject to applicable approvals and permitting.

The location is described as one of Carlisle’s most connected areas, positioned within an Opportunity Zone. The property is adjacent to the Carlisle School District complex and is less than two blocks from Dickinson College. It is also within walking distance of Downtown Carlisle’s shops and restaurants, supporting day-to-day accessibility for residents and visitors.

For developers, investors, or owners seeking an infill platform, the combination of UM – Urban Mixed Use zoning flexibility and an existing industrial improvement offers multiple redevelopment pathways. The site configuration can be aligned to residential and commercial components as reflected in the provided concept planning, with the industrial building serving as an on-site asset rather than requiring starting from ground-up construction.

Suggested Use

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

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

Location Insight

• Map
• Local Demand

City

Carlisle

County

Cumberland

State

Pennsylvania

Longitude

-77.1998655

Latitude

40.2071306

Nearby Similar for Sale

• 

  $2,000,000

  Food Processing and Retail Facility

  Turnkey meat and prepared food operation with retail space, commercial kitchen, and refrigerated storage on an accessible commercial site.

  511 E LOUTHER Street, CARLISLE, PA 17013

  View Details
• 

  $455,000

  2,880 SF

  Duplex with Covered Porch

  Well-maintained duplex offers two 3-bedroom units with covered front porches and dedicated parking.

  161 CHESTNUT Avenue, CARLISLE, PA 17013

  View Details
• 

  $450,000

  2,545 SF

  Updated 3-Bed Duplex Residence

  Updated 3-bedroom, 1.5-bath duplex can be sold as duplex or separately and is currently operated as an Airbnb.

  328 N COLLEGE Street, CARLISLE, PA 17013

  View Details
• 

  $465,000

  1,200 SF

  Brick and Stone Quadplex Investment

  Turnkey 4-unit multifamily with off-street parking income, offering an occupied unit mix of one- and two-bedroom homes.

  132 S HANOVER Street, CARLISLE, PA 17013

  View Details
• 

  $2,600,000

  Mixed-Use Development Land with Industrial Building

  In Opportunity Zone with UM zoning and an existing industrial building for flexible mixed-use redevelopment.

  321 CHERRY Street, CARLISLE, PA 17013

  View Details
• 

  $265,000

  1,792 SF

  Mixed-Use Building with Restaurant

  Two-unit downtown property with a street-facing restaurant and a separately accessed apartment above.

  10 W POMFRET Street, CARLISLE, PA 17013

  View Details
• 

  $209,995

  1,548 SF

  Updated Carlisle Multifamily Investment Property

  Fully leased, updated two-unit property in Carlisle, Pennsylvania.

  63-65 E PENN Street, CARLISLE, PA 17013

  View Details
• 

  $1,800,000

  12,374 SF

  Leased Office Building with Parking

  C-2 zoned office building leased to a county assistance office, with 57 parking spaces included for tenant and visitor use.

  33 Westminster Dr, Carlisle, PA 17013

  View Details
• 

  $275,000

  Carlisle Land For Sale

  1.78-acre mixed-use lot near I-81 in Carlisle, PA.

  624 ALEXANDER SPRING RD, CARLISLE, PA 17015

  View Details
• 

  $1,200,000

  Flat Farmland Development Parcel

  Over 34 acres of flat, productive farmland near residential and golf uses, suited to prospective development planning.

  YORK Road, CARLISLE, PA 17013

  View Details
• 

  $235,000

  Carlisle Borough Residential Land Opportunity

  Residential land totaling 1.4 acres in Carlisle, PA.

  REDWOOD Drive, CARLISLE, PA 17013

  View Details
• 

  $1,250,000

  8,064 SF

  Restaurant and Motel with License

  Established restaurant and motel with liquor license for sale.

  1582 Holly Pike, Carlisle, PA 17015

  View Details

FAQs

What type of property is this?

Manufacturing property - Infill mixed-use site with flexible zoning and an existing 40,000+ SF industrial building for redevelopment or adaptive reuse.

Where is this manufacturing property located?

The property is located at 321 Cherry Street Carlisle, PA.

What is the asking price?

The asking price for this property is $2,600,000.

What are key features of this property?

This property features: 5.34‑acre infill site with flexible UM – Urban Mixed Use zoning for a wide range of permitted uses; Located within an Opportunity Zone; Existing 40,000+ SF industrial building on‑site for redevelopment or adaptive reuse