990 Lincoln WayChambersburg, PA 17201

Property Details for 990 Lincoln Way

Lot size

0.29 AC

Property type

Retail properties

Property subtype

Retail space

APN

03-1E12S-29

APU

031E12S29

Description

This exceptional 14,890 square foot, Class A commercial property, located at 990 Lincoln Way East in Chambersburg, presents a unique opportunity. Completely renovated in 2024, this single-story building sits on 1.08 acres and offers flexible space ranging from 2,300 to 14,890 contiguous square feet, ideal for various uses including medical, executive, or creative offices, retail, or restaurants. The property features 60 parking spaces, ensuring ample convenience for employees and clients. Its prime location provides high visibility and accessibility, benefiting from significant foot and vehicle traffic. The building boasts customizable interiors with modern finishes, allowing tenants to create a space perfectly tailored to their needs. With a DCH zoning designation, this property offers a blend of adaptability and prime location, making it an excellent investment opportunity. The building's 1920 construction has been thoughtfully updated to provide a modern and efficient workspace, while retaining character. Property taxes are $2 per square foot. Three suites are available within the building. Don't miss this chance to secure a prominent location in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $3,961,824

  6.5%

  $3,657,068

  7%

  $3,395,849

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,251,295

  Geo Method

  $6,364,618

• Alternative Use

  Use

  Valuation

  Residential

  $3,084,874

  Hospitality

  $2,825,728

  Educational

  $2,350,972

  Medical

  $2,431,826

  Retail

  $3,657,068

Location Insight

City

Chambersburg

County

Franklin

State

Pennsylvania

Latitude

39.9307

Longitude

-77.6428

CBSA code

16540

CBSA name

CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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