
1 W HIGH ST CARLISLE PA 17013
Former Bank Building in Downtown Carlisle
Marketing description
Positioned in the heart of Downtown Carlisle’s vibrant Central Business District and Historic District, this exceptional mixed-use property offers a rare opportunity to reimagine a landmark asset. Encompassing approximately 34,329 square feet on 0.61 acres, this former bank building consists of a striking two- and three-story masonry building originally constructed in 1863, rich with historic character and architectural presence. Ideally located adjacent to the county courthouse complex and just steps from the town square, the property benefits from strong pedestrian traffic along West High Street—one of Carlisle’s most active corridors connecting the square to Dickinson College. The surrounding area is anchored by a dynamic mix of local retailers, institutional uses, restaurants, and businesses, creating an energetic and highly desirable downtown environment. The building’s main level is currently configured with bank branch space and administrative offices, while the upper floors feature a combination of office suites and former apartment units ready for revitalization. Throughout the property, classic architectural elements shine, including beautiful masonry detailing, expansive arched windows that flood the interiors with natural light, and consistently high 10.5-foot ceilings that enhance the sense of space and openness. Well-suited for a transformative redevelopment, the property offers significant upside potential. The ground floor lends itself to a variety of commercial uses such as retail, restaurant, or office space, while the upper levels present an ideal canvas for the creation of spacious, luxury apartment units—capitalizing on the building’s historic charm, ceiling heights, and oversized windows. Additional features include a full basement with multiple interior and exterior access points, five roofing systems in adequate condition, various fire escapes, and 16 off-street parking spaces located at the rear of the property, easily accessible via side and rear alleyways. This is a compelling opportunity to invest in and revitalize a prominent downtown asset in one of Central Pennsylvania’s most sought-after communities.
Investment highlights
-Built in 1863 with masonry construction, the property integrates ground-floor commercial space with upper-level residential or office units in a cohesive, well-designed format.
-Situated in Downtown Carlisle, the property is located in a walkable, amenity-rich urban neighborhood - just a half block from the town square and less than (2) blocks from the town square.
-The property benefits from exceptional pedestrian traffic, and a surrounding streetscape of restaurants, shops, and institutional uses.
-The building is well positioned for redevelopment with ample square footage to accommodate apartment configuration on the upper floors. The soaring 10+ foot ceilings and expansive arched windows enhance the space with abundant natural light, creating an ideal setting for high-end luxury apartments reconfiguration on the upper floors.
-Upgraded roof systems and fire escapes.
-Off-street parking with 16 spaces.
-Property is accessible from West High Street, Courthouse Avenue, or Dickinson Avenue.
-Adaptive reuse of the property is further supported by its favorable C-1 (Central Business District) zoning designation.
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