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Turnkey Meat Processing and Retail Facility

511 E Louther St, Carlisle, PA 17013

For Sale
$1,900,000

Turnkey food business with included commercial real estate and FF&E, ready for a seamless operating transition.

Property Size10,224 SF
Price / SF$185.84
Days on Market139

Property Features for 511 E Louther St

General Information

Standard status Active
Size 10,224 SF

Additional Details

Business Included Yes

Building Details

Year Built 1945
Listing Agency: Wolfe & Company REALTORS
Listed By: ANDREW WOLFE · License #RS320040
Source: Soldbypattie
Added: Jun 22 Changed: Oct 26 Last Checked: Oct 7 at 4:03PM

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 Wolfe & Company REALTORS

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Investment Insights

Based on property information with market context.

This offering is a turnkey meat processing and food service operation established in 1978, featuring fresh retail meats, catering, wild game processing, deli products, and prepared hot foods. The sale includes the commercial real estate, the business enterprise value as a going concern, and all associated furniture, fixtures, and equipment (FF&E), designed to allow a purchaser to continue operations from day one.

Located at 511 E Louther St in Carlisle, Pennsylvania, the business has built a longstanding reputation as a premier food service provider and wholesale food manufacturer in the area.

For a buyer looking to step into an operating food business with the real estate and equipment included, this package reduces setup and transition friction. The business generated more than $1.6 million in gross sales during 2025, reflecting established commercial activity across both retail and prepared food offerings. The combined real estate and operating enterprise format may appeal to owners who want to control their facility and continue the existing product and service mix without a rebuild or separate equipment procurement.

Key Highlights

  • Established 1978 food service and wholesale food manufacturing operation in Carlisle.
  • Business grosses more than $1.6M in gross sales during 2025.
  • Includes commercial real estate with the sale.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$105,450
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,109,000 $2.1M
Cap Rate 7%
$1,506,429 $1.5M
Cap Rate 9%
$1,171,667 $1.2M
Market Conditions
NOI Build-Up for 10,224 SF
Gross rent
$147.2K $14.40/SF
− Vacancy
−$6.6K −$0.65/SF
EGI
$140.6K $13.75/SF
− OpEx
−$35.2K −$3.44/SF
NOI
$105.5K $10.31/SF
Area
Cumberland County, PA
Vacancy
4.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,109,000
Cap Rate 7%
$1,506,429
Cap Rate 9%
$1,171,667

Alternative Uses

Best Use
Specialty Retail
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,450 @ 7.0% cap · market cap 5.55%
Second Best
Retail
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,420 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$2.37M
$2.08M – $2.77M (±1% cap)
NOI $166,247 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Wenger Meats & Ice ... Take-out & Catering

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Auto Parts Store Storage Facility HVAC Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

986
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Retail space in Cumberland County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Turnkey food business with included commercial real estate and FF&E, ready for a seamless operating transition.
Where is this retail space located?
The property is located at 511 E Louther St Carlisle, PA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Established 1978 food service and wholesale food manufacturing operation in Carlisle.; Business grosses more than $1.6M in gross sales during 2025.; Includes commercial real estate with the sale.
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