901 Lincoln WayChambersburg, PA 17202

  • Retail properties
  • 0.50 AC
For Lease

Property Details for 901 Lincoln Way

Lot size
0.50 AC
Property type
Retail properties
Property subtype
Turn key restaurants
APN
03-1E12-21
APU
031E1221

Description

Lincolnway West Shopping Center presents a prime retail opportunity in Chambersburg, PA. This single-story, 2,700 square foot building is situated on Lincoln Way West, offering excellent visibility and accessibility. Currently, 1,350 square feet of retail space is available for lease within this single-tenant building. The property's location provides convenient access for customers and ample space for a variety of retail, office, or medical uses. The building is situated in Franklin County and presents a strong entry point for businesses seeking to establish a presence in the thriving west Chambersburg market. The existing structure offers a solid foundation for immediate occupancy, minimizing upfront investment and allowing for a quick start to operations. This is an exceptional chance to secure a well-located retail space in a growing area. The 1,350 square foot space offers flexibility for customization to meet specific business needs. The property's single-tenant configuration ensures a focused and efficient business environment. This is an ideal opportunity for businesses seeking high visibility and convenient access to a substantial customer base. The property's location on Lincoln Way West provides excellent exposure to high traffic volume, maximizing potential customer reach. This retail space offers a unique chance to establish a successful business in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,830,948
    6.5%
    $6,305,490
    7%
    $5,855,098
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,605,858
    Geo Method
    $10,973,827
  • Alternative Use

    Use
    Valuation
    Residential
    $5,318,916
    Hospitality
    $4,872,099
    Educational
    $4,053,529
    Medical
    $4,192,936
    Retail
    $6,305,490
901 Lincoln Way, Chambersburg, Pennsylvania

Location Insight

City
Chambersburg
County
Franklin
State
Pennsylvania
Latitude
39.9322
Longitude
-77.6446
CBSA code
16540
CBSA name
CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$17,041
$28,270
$61,280
$89,550
-
$28,270
$61,280
$89,550

FAQs

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