901 Lincoln WayChambersburg, PA 17202
- Retail properties
- 0.50 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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