405 East St, Carlisle, PA 17013
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.
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Greenhill's Plant Interiors Interior Design
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Letort Glass Interior Design Home Decor Store
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Sheaffer Machine Shop Auto Repair Shop Insurance Agency
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Noah’s Ark Preparatory Center Daycare Center Foster Care Service
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Bitner Brothers Construction Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.