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Investment Highlights

  • Fully leased investment in Downtown Gettysburg
  • 1,000 SF available on 1st floor at $1,800/month gross
  • NOI: $86,019.74
  • Recent building improvements include new roof, electrical panels and new heat pump
  • Opportunity for owner/user to operate on 1st floor with supplemental income from 2nd floor tenant

Executive Summary

Fully-leased, 3-story commercial building for sale in the heart of Downtown Gettysburg. The property consists of two (2) tenants, a retail store on the first floor, and office user who occupies the second and third floor. Street parking and a paved rear lot offer options for tenants and clients visiting the property.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,762 SF
Building Class
C
Year Built
1880
Price
$725,000
Price Per SF
$192.72
Cap Rate
11.86%
NOI
$86,020
Percent Leased
73%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.86
Lot Size
0.10 AC
Zoning
RO - Residential Office
Parking
6 Spaces (2.39 Spaces per 1,000 SF Leased)
Frontage
36’ on Baltimore

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • 1863 Escape
  • Arts, Entertainment, and Recreation
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
1863 Escape Arts, Entertainment, and Recreation - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,000 SF
  • Retail
  • -
  • Now

Fully-leased, 3-story commercial building for sale in the heart of Downtown Gettysburg. The property consists of two (2) tenants, a retail store on the first floor, and office user who occupies the second and third floor. Street parking and a paved rear lot offer options for tenants and clients visiting the property.

Space Size Space Use Position Available
1st Floor 1,000 SF Retail - Now

1st Floor

Size
1,000 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 1,000 SF
Space Use Retail
Position -
Available Now

Fully-leased, 3-story commercial building for sale in the heart of Downtown Gettysburg. The property consists of two (2) tenants, a retail store on the first floor, and office user who occupies the second and third floor. Street parking and a paved rear lot offer options for tenants and clients visiting the property.

Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Jazzercise
PNC Bank
Starbucks
IGA
Truist
Friendly's Ice Cream Shop
ACNB Bank
Curves
Weis Markets

Property Taxes

Property Taxes

Parcel Number
16-010-0288-000
Land Assessment
$101,700
Improvements Assessment
$271,500
Total Assessment
$373,200
  • Listing ID: 31872450

  • Date on Market: 5/21/2024

  • Last Updated:

  • Address: 247 Baltimore St, Gettysburg, PA 17325

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