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    1958 Spring Rd Carlisle, PA 17013

    Sponsored
    For Lease
    Contact for pricing

    High-traffic location, 2,240 sq ft.

    Lot size:
    2,240 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,240-square-foot retail space, situated at 1958 Spring Road in Carlisle, Pennsylvania, presents a compelling investment opportunity. Previously occupied by a bank and a restaurant, this single-tenant property boasts a highly visible location directly on Spring Road, benefiting from an estimated 8,000 vehicles passing daily. The 2.13-acre lot provides ample parking for customers and employees, ensuring convenient access. Its strategic location near the Carlisle exit of the Pennsylvania Turnpike and the Carlisle Fair Grounds guarantees significant foot traffic and exposure to a large customer base. The property's proximity to established national retailers like Karns, Family Dollar, and Rite Aid further enhances its appeal and potential for success. This versatile space is ideal for a variety of retail uses, office spaces, or even a restaurant, offering a unique blend of accessibility, visibility, and established commercial presence within a thriving community in Cumberland County. The property's size and location make it an attractive option for businesses seeking a prominent presence in a high-traffic area.

    Property Features for 1958 Spring Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,240 SF

    Unit(s) available at that property

    Space
    Size
    2,240 SF

    HighLights

    • 2,240 square foot retail building on a 2.13‑acre lot in Cumberland County.
    • Single‑tenant space, previously a bank and restaurant.
    • High visibility location on Spring Road in Carlisle, PA, with approximately 8,000 vehicles per day.
    • Excellent access and ample parking.
    • Close proximity to PA Turnpike and Carlisle Fairgrounds.
    • Strong retail co‑tenancy including Karns, Family Dollar, and Rite Aid.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Carlisle
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -77.1803737
    Latitude
    40.2355437

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    FAQs

    What type of property is this?
    Restaurant - High-traffic location, 2,240 sq ft.
    Where is this restaurant located?
    The property is located at 1958 Spring Rd Carlisle, PA.
    What are key features of this property?
    This property features: 2,240 square foot retail building on a 2.13-acre lot in Cumberland County.; Single-tenant space, previously a bank and restaurant.; High visibility location on Spring Road in Carlisle, PA, with approximately 8,000 vehicles per day.
    Request Owner's contact information
    1958 Spring Rd Carlisle, PA 17013
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    Carlisle, PA 17013
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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
    1958 Spring Rd Carlisle, PA 17013
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