Opportunity Zone Mixed Use Development Opportunity. This infill redevelopment opportunity in one of Carlisle’s most connected locations is comprised of two parcels totaling 5.34 acres. Located within an Opportunity Zone and featuring flexible UM – Urban Mixed Use zoning that supports a wide range of permitted uses. Concept plans show potential for 100+ apartments plus mix of commercial uses. Includes an existing 40,000+ SF industrial building, creating added potential for adaptive reuse. Ideally located adjacent to the Carlisle School District complex, less than two blocks from Dickinson College, and within walking distance to Downtown Carlisle’s shops and restaurants, the property benefits from strong local demand drivers and exceptional neighborhood connectivity.
Lot/land
$2,600,000
321 Cherry St, Carlisle, PA 17013
--beds
--baths
5.34Acres
Unimproved Land
Built in ----
5.34 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 84 days
- 158
- 1
Zillow last checked:
Listing updated:
Listed by:
Matt Madden 717-249-1844,
Keller Williams of Central PA 7177614300
Source: Bright MLS,MLS#: PACB2055220
Facts & features
Property
Lot
- Size: 5.34 Acres
Details
- Parcel number: 05201796001, 5201796012
- Zoning: UM - URBAN MIXED USE
- Special conditions: Standard
Utilities & green energy
- Electric: 3 Phases
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available, Natural Gas Available
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Carlisle
- Municipality: CARLISLE BORO
Financial & listing details
- Tax assessed value: $251,500
- Annual tax amount: $5,928
- Date on market: 6/13/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/13/2026 | Listed for sale | $2,600,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 17013
Nearby schools
Schools provided by the listing agent
- High: Carlisle Area
- District: Carlisle Area
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







