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Property profile & analytics
FOR LEASE
Specialty properties

26 W High St Carlisle, PA 17013

0.42 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US73-1767896
Property summary
AI-generated overview

This exceptional mixed-use property at 26 W High Street in Carlisle, PA, presents a unique investment opportunity. Spanning 5,070 square feet on a 0.17-acre lot, this completely renovated building (2017) boasts a prime downtown location within a thriving market. Previously operating as the Grand Illusion Cider Bar, the property includes established escape rooms and a one-bedroom apartment, offering diverse income streams. The spacious layout comfortably accommodates 99 patrons across two floors, making it ideal for continued operation as a bar or similar establishment. The third floor houses the escape rooms and an owner's office, providing ample space for management and operations. Convenient parking is available for 10 vehicles at the rear of the building, with additional parking readily accessible in the nearby downtown Carlisle parking garage and on-street parking. All furniture, fixtures, and equipment (FFE) are included in the sale, making this a true turnkey operation. The asking price is $850,000. Pre-qualification is required before showings. Additional documentation will be provided. This property is also available for lease.

Property profile
Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Lot 0.42 ac (18,295 SF)
APN 03-21-0320-007
UPID US73-1767896
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Grand Illusion Escape Bar & Pub
  • Eagles Music Venue Theater & Performing Art Venue
  • Fraternal Order of Eagles #1299 Volunteer Organization Community Center
  • Jacobsen & Milke's Atty At Law Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k
Owner & transaction history
Cider Family Investments LLC · 4 yrs held
Cider Family Investments LLC
since 2022
1 recorded transaction
2022
$410,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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