About 321 Cherry St
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.
Features of 321 Cherry St
| MLS® # | PACB2055220 |
|---|---|
| Price | $2,600,000 |
| Bathrooms | 0.00 |
| Acres | 5.34 |
| Type | Land |
| Sub-Type | Land |
| Status | Active |
Community Information
| Address | 321 Cherry St |
|---|---|
| Area | Carlisle Boro |
| Subdivision | NONE AVAILABLE |
| City | CARLISLE |
| County | CUMBERLAND-PA |
| State | PA |
| Municipality | CARLISLE BORO |
| Zip Code | 17013 |
Amenities
| Utilities | Sewer Available, Water Available, Natural Gas Available |
|---|---|
| Is Waterfront | No |
School Information
| District | CARLISLE AREA |
|---|---|
| High | CARLISLE AREA |
Additional Information
| Date Listed | June 13th, 2026 |
|---|---|
| Days on Market | 90 |
| Zoning | UM - URBAN MIXED USE |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams of Central PA |
|---|
