202 High StCarlisle, PA 17013

Property Details for 202 High St

Lot size

0.52 AC

Property type

Gas stations

APN

03-21-0318-040

APU

3210318040

Description

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 approach

  CAP return

  Valuation

  6%

  $7,104,122

  6.5%

  $6,557,652

  7%

  $6,089,248

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,830,041

  Geo Method

  $3,590,936

• Alternative Use

  Use

  Valuation

  Residential

  $5,531,624

  Hospitality

  $5,066,938

  Educational

  $4,215,633

  Medical

  $4,360,616

  Retail

  $6,557,652

Location Insight

City

Carlisle

County

Cumberland

State

Pennsylvania

Latitude

40.2007

Longitude

-77.1841

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].