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Brick Mixed-Use Income Property

365 E MAIN Street Landisville, PA 17538

Claim this Listing
New
For Sale
$425,000

MULTI_FAMILY - Colonial - LANDISVILLE, PA

Property size:
2,900 SF
Lot size:
0.25 Acres
Price / SF:
$146.55/SF
Added:
Jul 10, 2026
Days on Market:
5
Last Refresh:
Jul 14 at 8:06 am

Property Features for 365 E MAIN Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
13
Parking features
Garage - Detached, Parking Lot
Interior features
Additional Stairway, Attic, Bathroom - Tub Shower, Built-Ins, Carpet, Curved Staircase, Kitchen - Table Space, Store/Office
Standard status
Active
Size
2,900 SF
Lot size
0.25 Acres

Taxes and HOA fees

Tax Annual Amount
6128

Utilities

Heating system
Hot Water(Heating), Baseboard
Cooling system
Window Unit(s)

Building Details

Year built
1864
Number of units
3
Building materials
Brick, Masonry, Aluminum Siding
Architectural style
Colonial

Listing agent Jamie S Clinton License #RS284158

Listing office Keller Williams Elite 845 Silver Spring Plaza, East Petersburg, PA

Listing date Jul 10, 2026

MLS# PALA2090802 Listing URL

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Brick colonial built in 1864 offering mixed-use income potential. The property includes first-floor commercial space, improved commercial space in the lower level, and two residential rental units: one 1-bedroom unit and one 2-bedroom unit. A wraparound porch adds to the building’s character, and there is a paved parking lot plus a detached 3-car garage in the rear.

Located on a corner lot on Main Street in Landisville. The property is described as having Village zoning.

Recent improvements include replacement of asphalt and flat portions of the roof in 2026 and a boiler system replacement in 12/2025.

Key Highlights

  • Brick Colonial built in 1864 on a corner lot in Landisville with village zoning
  • Income mix: first‑floor commercial space plus two residential rental units (1BR and 2BR)
  • Additional commercial space in the lower level, with basement interior space included

Local Financial Insights For Multifamily LT 5

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 $47.0k $16.20
− Vacancy −$705 −$0.24
EGI $46.3k $15.96
− OpEx −$13.9k −$4.79
NOI $32.4k $11.17
2,900 SF · lease $16.20/SF/yr · vacancy 1.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$462.8K
$404.9K – $539.9K (±1% cap)
NOI $32,393 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$408.1K
$357.1K – $476.1K (±1% cap)
NOI $28,566 @ 7.0% cap · market cap 6.72%
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

Property Profile 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?
Triplex - Brick colonial on a corner lot with a first-floor commercial space, two rental units, and improved lower-level commercial space.
Where is this triplex 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 in Landisville with village zoning; Income mix: first‑floor commercial space plus two residential rental units (1BR and 2BR); Additional commercial space in the lower level, with basement interior space included
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