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Mixed-Use Brick Income Property

365 E MAIN STREET Landisville, PA 17538

365 E MAIN STREET, Landisville, PA, 17538
$425,000
For Sale
$425,000

Brick Colonial on a corner lot with first-floor commercial space, two rental units, and a detached three-car garage.

Property Size2,900 SF
Price / SF$146.55
Days on Market19

Property Features for 365 E MAIN STREET

General Information

Standard status
Active
Size
2,900 SF
Property subtype
Triplex

Building Details

Year Built
1864
Listing Agency Keller Williams Elite
Listed by Jamie S Clinton · License #RS284158
Source Cummingsrealtors
Added: Jul 2 Checked: Jul 20 at 4:05 am

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 Elite


Investment Insights

Based on property information with market context.

Charming brick Colonial built in 1864 featuring a corner-lot layout with first-floor commercial space, two residential rental units, and additional improved commercial space in the lower level. The rental units include one 1-bedroom unit and one 2-bedroom unit. A wrap-around porch adds a distinctive streetscape element.

The property includes paved parking and a detached three-car garage in the rear. Recent updates include roof replacement of asphalt and flat portions (2026) and a boiler system replacement (12/2025).

Offered for sale as a mixed-use, income-generating property combining commercial and residential components within a single building and a detached garage structure.

Key Highlights

  • Brick Colonial built in 1864 on a corner lot on Main St in Landisville
  • First‑floor commercial space plus two residential rental units (one 1‑bedroom and one 2‑bedroom)
  • Lower level includes improved commercial space

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 $52.2k $18.00
− Vacancy −$3.4k −$1.19
EGI $48.8k $16.81
− OpEx −$14.6k −$5.04
NOI $34.1k $11.77
2,900 SF · lease $18.00/SF/yr · vacancy 6.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$487.5K
$426.6K – $568.8K (±1% cap)
NOI $34,128 @ 7.0% cap · market cap 8.03%
Second Best
Multifamily LT 5
$462.8K
$404.9K – $539.9K (±1% cap)
NOI $32,393 @ 7.0% cap · market cap 7.62%
Theoretical Best
Office A
$971.8K
$850.3K – $1.13M (±1% cap)
NOI $68,026 @ 7.0% cap · market cap 16.01%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Mane Street Hair ... Hair Salon

Suggested Use

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

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

FAQs

What type of property is this?
Duplex - Brick Colonial on a corner lot with first-floor commercial space, two rental units, and a detached three-car garage.
Where is this duplex located?
The property is located at 365 E MAIN STREET Landisville, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Brick Colonial built in 1864 on a corner lot on Main St in Landisville; First‑floor commercial space plus two residential rental units (one 1‑bedroom and one 2‑bedroom); Lower level includes improved commercial space
Contact an agent
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