978 Lincoln WayChambersburg, PA 17201

Property Details for 978 Lincoln Way

Lot size

0.37 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

03-1E12S-32

APU

031E12S32

Description

This exceptional mixed-use property at 978 Lincoln Way E, Chambersburg, PA presents a unique investment opportunity. The 5,084 square foot building boasts a thriving, established massage therapy business currently operating on the main and second floors. This turnkey operation offers immediate income potential for the new owner. The building's prime location on Lincoln Way East ensures high visibility and traffic, further enhanced by convenient off-street parking and alley access. The property sits on a 0.37-acre lot, providing ample space and potential for future expansion or development. A significant advantage is the inclusion of spacious, private owner's quarters located on the third floor, offering comfortable living space separate from the commercial operation. This setup provides both income generation and residential convenience in one location. The building is well-maintained and presents itself in excellent condition. Serious inquiries only

• CAP approach

  CAP return

  Valuation

  6%

  $3,438,666

  6.5%

  $3,174,153

  7%

  $2,947,428

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,646,144

  Geo Method

  $3,222,433

• Alternative Use

  Use

  Valuation

  Residential

  $3,935,950

  Hospitality

  $3,605,308

  Educational

  $2,999,574

  Medical

  $3,102,734

  Retail

  $4,666,004

Location Insight

City

Chambersburg

County

Franklin

State

Pennsylvania

Latitude

39.931

Longitude

-77.6434

CBSA code

16540

CBSA name

CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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