For Sale
$235,000

485 Cleveland AveChambersburg, PA 17201

Prime location, 3400 sq ft, $235,000

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional mixed-use property, located at 485-489 Cleveland Avenue in Chambersburg, Pennsylvania, presents a compelling investment opportunity. The 3,400 square foot building, constructed in 1951, sits on a 0.16-acre lot and is zoned for Distributed Commercial - Neighborhood Business use. Its versatile nature allows for a variety of commercial applications, including but not limited to medical/dental clinics, banking/financial institutions, business/professional offices, restaurants, daycare centers, massage therapy businesses, retail stores, and personal service shops. The single-story building offers ample off-street parking, a significant advantage in a bustling business district. Currently, the business operating within the building is relocating, making this a blank canvas for a new owner's vision. The asking price is $235,000, translating to less than $70 per square foot, representing a potentially strong return on investment. The property's solid structure is ready for rehabilitation or immediate occupancy, depending on the buyer's plans. Its prime location and flexible zoning make it an ideal choice for entrepreneurs and investors seeking a foothold in the thriving Chambersburg commercial market. The fee simple ownership provides complete control and potential for long-term growth. This is a rare chance to acquire a well-situated property with significant upside potential in a desirable Pennsylvania location.

Highlights

  • Excellent investment opportunity: Commercial or multi-family use, strong structure, ready for renovation.
  • Below market price: Purchase price under $70 per square foot.
  • High ROI potential: Ideal for value-add investors seeking significant returns.

Property Details for 485 Cleveland Ave

Property type
Mixed-use properties
Square Feet
3,400 SF
Year Built
1951
Buildings
1
Stories
1
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Chambersburg
County
Franklin
State
Pennsylvania
Latitude
39.9297676
Longitude
-77.6578853
485 Cleveland Ave, Chambersburg, Pennsylvania

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
485 Cleveland Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message