485 Cleveland AveChambersburg, PA 17201

Property Details for 485 Cleveland Ave

Lot size

0.10 AC

Property type

Other commercial real estate

APN

06-1E18-93

APU

061E1893

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $1,063,783

  Hospitality

  $974,420

  Educational

  $810,706

  Medical

  $838,587

  Retail

  $1,261,098

Location Insight

City

Chambersburg

County

Franklin

State

Pennsylvania

Latitude

39.9301

Longitude

-77.6578

CBSA code

16540

CBSA name

CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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