202 E High St Carlisle, PA 17013
For Lease
202 E High Street, Carlisle, PA presents a unique redevelopment opportunity for lease or ground lease. This 5,700 square foot retail space sits on a 0.52-acre lot at the corner of E High Street and S East Street, a major thoroughfare in historic Carlisle. The property offers five available spaces ranging from 156 to 1,449 square feet, ideal for multiple tenants. Its central location provides excellent walkability to downtown Carlisle and Dickinson College, ensuring high visibility and foot traffic. The site benefits from its proximity to a variety of established businesses, including Lowe's, Giant Grocery, McDonald's, Dunkin' Donuts, Fine Wine and Spirits, Walmart, and TJ Maxx, creating a strong retail synergy. Cumberland County, experiencing significant growth (4.3% population increase from 2020-2024), offers a stable and expanding market for this redevelopment project. This presents a rare chance for retail, office, or restaurant users to establish themselves in a thriving and sustainable marketplace within a rapidly growing county. The property's prominent location and the surrounding commercial activity make it an attractive investment for businesses seeking high visibility and convenient access to a diverse customer base. This is a truly exceptional opportunity to be part of Carlisle's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
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.