19-21-23 N Hanover St, Carlisle, PA 17013

$1,200,000

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List Price
$1,200,000
Days on Market
0
Status
ACTIVE
MLS#
PACB2057726
Lot Size (Acres)
0.17
Year Built
1900
County
Cumberland
School District
Carlisle Area

Property Description

REDEVELOPMENT OPPORTUNITY: Located in the heart of downtown Carlisle’s Commercial Business District (C1), these historic properties are landmarks in the community. Right off the downtown Square, this location gets tons of foot and driving traffic. Ready and waiting for you to transform the space, there are approved plans for redevelopment on 21 N Hanover which has already been gutted down to the studs, and within 6 months, the project can be complete and operational. And with $850k in approved grant money, the project becomes a whole lot easier to take on (*subject to grantor approval). 21 N Hanover features expansive first floor commercial space complete with large display windows and a basement spanning the whole length of the building. The space has been completely gutted and is ready for redevelopment. Upstairs there are a total of 6 apartment units framed out and ready (3 on 2nd floor and 3 on 3rd floor). Behind the building, there is a separate 2 unit apartment building which is fully leased already. 19 N Hanover offers a large first floor commercial space with huge windows on the arterial road. Previously the home to Burd’s Nest Brewing, the space could really be anything you choose. Upstairs, the second floor has concept plan for apartments already prepared. On the third floor, there is one apartment as well. With the grant money already approved, plans ready to be executed and the one building demolished to the studs, this project is ready to go and could be a cash flowing asset in under a year. Don’t miss your opportunity. Schedule a showing today.

Additional Information

Area
Carlisle Boro (14402)
Taxes
$12358
Stories
3
School District
Carlisle Area
High School
Carlisle Area
Heating
None
Heating Fuel
Natural Gas
Cooling
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Keller Williams of Central PA. Contact: 7177614300