405 East St Carlisle, PA 17013

Property Details for 405 East St

Year built

1950

Lot size

1.41 lot acres

Property size

50,045 SF

Property type

Industrial properties

Description

This exceptional 50,045-square-foot industrial facility presents a compelling investment opportunity in Carlisle, PA. Situated on a 1.41-acre lot, this property boasts a prime location off Harrisburg Pike (Route 11), offering convenient access to the PA Turnpike (2.5 miles) and I-81 (3.5 miles). The building features sound construction with a brick and block exterior and warehouse components with 13-13.5' ceilings. A significant portion of the building is currently tenant-occupied, generating a monthly income of $9,155. However, the majority of leases are short-term, presenting a unique opportunity for owner-users to potentially retain some existing tenants while securing new leases to suit their needs. The property includes a paved/gravel parking area for ample maneuverability and a partial second floor accessible via a freight elevator. Heating is provided by a gas boiler and hanging gas blowers. Note that the building is not sprinklered. Tenants are responsible for electricity and gas costs, while the landlord covers water, sewer, trash, and stormwater fees. A partial basement (12,320 sq ft) with exterior access provides additional storage, and a detached 960-square-foot block storage garage is also included. It's important to note that a portion of the property lies within a designated flood zone. The total square footage listed (50,045 sq ft) does not include the basement area.