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    1582 Holly Pike Carlisle, PA 17015

    Sponsored
    For Sale
    $1,250,000

    Profitable Restaurant, Motel, Liquor License

    Property size:
    8,064 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a thriving Carlisle, Pennsylvania restaurant and motel complex. The property encompasses a substantial 8,064 square feet situated on a generous 2.06-acre lot, zoned C-2 Commercial. The main structure houses a fully equipped 4,250 square foot restaurant, ready for immediate operation. A separate building offers 13 rentable motel rooms, generating supplemental weekly income. This turnkey operation includes all furniture, fixtures, and equipment (FF&E), significantly streamlining the transition for a new owner. A valuable Cumberland County "H" Liquor License is also included in the sale, adding considerable value and potential. Conveniently located just 10 minutes from Interstate 81 and the Pennsylvania Turnpike, this property benefits from excellent accessibility and high visibility. The property's APN is 40-10-0632-017, and the asking price is $1,250,000. This is a rare chance to acquire a well-established, income-producing business with significant upside potential in a desirable location. Don't miss this opportunity to own a thriving restaurant and motel complex in the heart of Carlisle.

    Property Features for 1582 Holly Pike

    General Information

    Property type
    Restaurants
    Square Feet
    8,064 SF
    Lot Size
    89,734 SF

    HighLights

    • 8,064 SF building on a 2.06‑acre lot, available for sale.
    • 4,250 SF restaurant with all equipment included.
    • 13‑unit motel with weekly rentals.
    • Cumberland County "H" Liquor License.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mike's Woodworks Plus Antique Store

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Storage Facility Discount Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Carlisle
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -77.196346
    Latitude
    40.1533048

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    FAQs

    What type of property is this?
    Restaurant - Profitable Restaurant, Motel, Liquor License
    Where is this restaurant located?
    The property is located at 1582 Holly Pike Carlisle, PA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 8,064 SF building on a 2.06-acre lot, available for sale.; 4,250 SF restaurant with all equipment included.; 13-unit motel with weekly rentals.
    Request Owner's contact information
    1582 Holly Pike Carlisle, PA 17015
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1582 Holly Pike Carlisle, PA 17015
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