Food Processing and Retail
511 E LOUTHER Street, Carlisle, PA 17013
New
Commercial Sale - CARLISLE, PA
Type:Retail
Property size:
10,224 SFLot size:
0.99 AcresPrice / SF:
$195/SF- Added:
- Jun 18, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 20 at 11:06 am
Property Features for 511 E LOUTHER Street
General Information
- Property type
- Other
- Property subtype
- Retail
- Parking
- 33
- Parking features
- Parking Lot
- Standard status
- Active
- Lot size
- 0.99 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11648
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1945
- Building materials
- Block, Brick
Listing agent ANDREW WOLFE License #RS320040 (717) 448-0389
Listing office Wolfe & Company REALTORS 33 S Pitt Street, Carlisle, PA (717) 243-1551
Listing date Jun 18, 2026
MLS# PACB2055420
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.
HighLights
- Business sale includes the commercial real estate, business enterprise value (going concern), and all associated FF&E (furniture, fixtures, and equipment).
- Approx. 10,224 SF masonry/block building on 0.9882 acres with direct access from East Louther Street in Carlisle Borough.
- Building includes approx. 2,300 SF retail space plus commercial‑grade kitchen, multiple refrigerated storage areas, and walk‑in cooler/freezers.
- Second‑floor manager’s office and warehouse space; includes customer restroom, preparation room, and employee restroom.
- Zoned C5 Entranceway Commercial for a broad range of commercial uses; suited for retail, food processing, distribution, warehouse, or commercial service uses.
- Served by public utilities including water, sewer, and natural gas; year built circa 1945 with a retail addition completed in 1997.
Overview
For sale as a turnkey package, this established food service and wholesale operation includes both the commercial real estate and the business enterprise, along with associated furniture, fixtures, and equipment. The masonry and block building was originally constructed circa 1945 and includes a retail addition completed in 1997. Approximately 10,224 square feet of building area supports a functional mix of retail and production, including an approximately 2,300-square-foot retail area, commercial-grade kitchen, customer restroom, preparation room, employee restroom, and a second-floor manager’s office. Refrigerated storage is a key component of the facility, with multiple refrigerated areas and walk-in cooler/freezers, complemented by warehouse space for storage and workflow.
The property sits on a triangular 0.9882-acre parcel with direct access from East Louther Street in Carlisle Borough. It is served by public utilities, including water, sewer, and natural gas. Zoning is C5 Entranceway Commercial, which supports a broad range of commercial uses, and the location is on the east side of the borough with proximity to the U.S. Army War College, plus adjacency to the former Frog Switch & Manufacturing Company site, which is slated for redevelopment.
This offering is well suited to an owner-operator looking to continue a prepared food and meat processing model on day one, given the on-site retail component, commercial kitchen, and refrigerated storage. It may also fit buyers exploring owner-user retail, distribution, warehouse, or commercial service uses under the property’s C5 designation and existing functional layout.
The property sits on a triangular 0.9882-acre parcel with direct access from East Louther Street in Carlisle Borough. It is served by public utilities, including water, sewer, and natural gas. Zoning is C5 Entranceway Commercial, which supports a broad range of commercial uses, and the location is on the east side of the borough with proximity to the U.S. Army War College, plus adjacency to the former Frog Switch & Manufacturing Company site, which is slated for redevelopment.
This offering is well suited to an owner-operator looking to continue a prepared food and meat processing model on day one, given the on-site retail component, commercial kitchen, and refrigerated storage. It may also fit buyers exploring owner-user retail, distribution, warehouse, or commercial service uses under the property’s C5 designation and existing functional layout.
Local Financial Insights For Specialty 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 | $147.2k | $14.40 |
| − Vacancy | −$6.6k | −$0.65 |
| EGI | $140.6k | $13.75 |
| − OpEx | −$35.2k | −$3.44 |
| NOI | $105.5k | $10.31 |
10,224 SF · lease $14.40/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.51M
$1.32M – $1.76M
NOI $105,450 @ 7.0% cap · market cap 5.27%
Second Best
Retail
$1.41M
$1.23M – $1.64M
NOI $98,420 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$2.37M
$2.08M – $2.77M
NOI $166,247 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Wenger Meats & Ice ...
Take-out & Catering
Location Insight
- Map
- Local Demand
- City
- Carlisle
- County
- Cumberland
- State
- Pennsylvania
- Longitude
- -77.17748
- Latitude
- 40.20284
Nearby Similar for Sale
FAQs
What type of property is this?
Manufacturing property - Turnkey meat and prepared food operation with retail space, commercial kitchen, and refrigerated storage on an accessible commercial site.
Where is this manufacturing property located?
The property is located at 511 E LOUTHER Street Carlisle, PA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Business sale includes the commercial real estate, business enterprise value (going concern), and all associated FF&E (furniture, fixtures, and equipment).; Approx. 10,224 SF masonry/block building on 0.9882 acres with direct access from East Louther Street in Carlisle Borough.; Building includes approx. 2,300 SF retail space plus commercial‑grade kitchen, multiple refrigerated storage areas, and walk‑in cooler/freezers.
