405 East St, Carlisle, PA 17013
This exceptional Carlisle, PA industrial property offers 50,045 square feet of space on a 1.41-acre lot, ideally situated for convenient access to Route 11, the Pennsylvania Turnpike, and I-81. The two-story, 1950-built building features a mix of warehouse and manufacturing space, boasting 13-foot ceilings in the warehouse areas. The property includes four loading docks, 60 parking spaces, and a partial second floor accessible via a freight elevator. Currently, a portion of the building is tenant-occupied, generating monthly income, with short-term leases presenting opportunities for an owner-user to occupy space and lease out the remainder. The Urban Mixed Use zoning allows for diverse operational possibilities. Additional features include a partial basement offering 12,320 square feet of storage and a separate 960-square-foot block storage garage. The property is priced at $1,350,000 ($26.98/sq ft). Note that a portion of the property lies within a flood zone, and the building is not sprinklered. Utilities are a mix of landlord and tenant responsibility. The APN is 02-20-1800-180 & 180A. This fee-simple ownership presents a compelling investment opportunity.
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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
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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.