825 5Th AveChambersburg, PA 17201

Property Details for 825 5Th Ave

Lot size

3.38 AC

Property type

Office properties

Property subtype

Office buildings

APN

02-1C-143

APU

021C143

Description

This exceptional Class A medical office building, located at 825 5th Avenue in Chambersburg, Pennsylvania, offers 8,000 square feet of space available for lease. The property features four suites, with a minimum divisible space of 1,201 square feet and a maximum of 3,200 square feet. Currently, all 8,000 square feet are vacant, presenting a unique opportunity for a single tenant or multiple medical practices. Situated on 3.38 acres, the two-story building boasts high-end finishes, large windows for abundant natural light, and a steel construction. Amenities include a convenient elevator and approximately 150 parking spaces in a well-lit, secured lot. Utilities include public water, sewer, gas, and heat. The building's strategic location offers easy access to downtown Chambersburg (five minutes away), Interstate 81 (within one mile), the WellSpan Health Campus, and a nearby shopping center, placing it in the heart of a thriving medical and retail community. This property is ideal for medical professionals seeking a modern, well-equipped space in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $31,413,108

  6.5%

  $28,996,714

  7%

  $26,925,520

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,037,957

  Geo Method

  $29,437,766

• Alternative Use

  Use

  Valuation

  Residential

  $35,955,924

  Hospitality

  $32,935,434

  Educational

  $27,401,896

  Medical

  $28,344,288

  Retail

  $42,625,172

Location Insight

City

Chambersburg

County

Franklin

State

Pennsylvania

Latitude

39.9466

Longitude

-77.6401

CBSA code

16540

CBSA name

CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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