Flex Space with Office and
For Sale
Contact for pricing
419 E HIGH STREET SUITE 2A, Carlisle, PA 17013
Flexible space includes wide-open layout, dedicated bathroom, and office plus secure storage/second office area.
Property Size2,500 SF
Price / SF$0.75
Days on Market99
Property Features for 419 E HIGH STREET SUITE 2A
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Commercial
Lease Type
Modified Gross
Building Details
Year Built
1900
Listing Agency:
Century 21 A Better Way
(717) 243-4929
Listed By:
VINCENT MELLOTT · License #RM420365
(717) 385-4039
Source:
Cummingsrealtors
Added: Jul 20
Changed: Oct 25
Last Checked: Oct 24 at 5:29PM
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 Century 21 A Better Way
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Investment Insights
Based on property information with market context.
The property offers flexible use with approximately 2,500 square feet of wide-open interior space. Built within the unit are an office area and a secure storage room or an additional second office, along with a dedicated bathroom.
The space is suited for a mix of office and smaller-scale storage needs, including configurations such as cubicles, limited warehousing, or showroom use, depending on the operating requirements.
As listed, the space is offered under a modified gross lease structure, supporting a straightforward occupancy arrangement for the right tenant or buyer.
The space is suited for a mix of office and smaller-scale storage needs, including configurations such as cubicles, limited warehousing, or showroom use, depending on the operating requirements.
As listed, the space is offered under a modified gross lease structure, supporting a straightforward occupancy arrangement for the right tenant or buyer.
Key Highlights
- Approximately 2,500 SF of wide‑open flexible space
- Includes a dedicated bathroom
- Office space built into the unit plus secure storage and a second office area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,886
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,720
$257.7K
Cap Rate 7%
$184,086
$184.1K
Cap Rate 9%
$143,178
$143.2K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$21.0K $8.40/SF
− Vacancy
−$1.2K −$0.47/SF
EGI
$19.8K $7.93/SF
− OpEx
−$6.9K −$2.78/SF
NOI
$12.9K $5.15/SF
Area
Cumberland County, PA
Vacancy
5.60%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,720
Cap Rate 7%
$184,086
Cap Rate 9%
$143,178
Alternative Uses
Best Use
Office B
$453.7K
$397.0K – $529.3K
NOI $31,759 @ 7.0% cap · market cap 1,693.81%
Second Best
Industrial
$200.8K
$175.7K – $234.3K
NOI $14,057 @ 7.0% cap · market cap 749.71%
Theoretical Best
Office A
$580.7K
$508.1K – $677.5K
NOI $40,651 @ 7.0% cap · market cap 2,168.05%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,403
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 17013, PA
36,578
Population
16,065
Households
2.3
Avg Household Size
39
Median Age
34%
College-Educated
93%
High-School Grad
39.2 sq mi
ZIP Area
933
Density / Sq Mi
$68,150
Median Household Income
$36,336
Median Earnings
$1,018
Median Rent
$221,800
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Flex space - Flexible space includes wide-open layout, dedicated bathroom, and office plus secure storage/second office area.
Where is this flex space located?
The property is located at 419 E HIGH STREET SUITE 2A Carlisle, PA.
What are key features of this property?
This property features: Approximately 2,500 SF of wide‑open flexible space; Includes a dedicated bathroom; Office space built into the unit plus secure storage and a second office area
