1097 Lincoln WayChambersburg, PA 17201

Property Details for 1097 Lincoln Way

Lot size

0.43 AC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

03-1E12S-20

APU

031E12S20

Description

This exceptional freestanding retail property, located at 1097 Lincoln Way East in Chambersburg, Pennsylvania, offers 2,000 square feet of versatile space. Situated on highly trafficked Route 30 (25,000 vehicles per day), this single-tenant building enjoys a prominent position within a thriving retail corridor. The property's strategic location places it just 17 miles north of Hagerstown, Maryland, and 28 miles south of Carlisle, Pennsylvania, ensuring excellent accessibility and visibility. Benefit from the strong surrounding retail environment, with nearby established businesses including TJ Maxx, Maurice's, Shoe Department, Target, Giant, Dick's Sporting Goods, and Sheetz. This one-story building presents a fantastic opportunity for a variety of retail uses, capitalizing on the high volume of daily traffic and the presence of successful neighboring retailers. The property is located in Franklin County and has a 17201 zip code. The building is a single-tenant structure, offering a cohesive and efficient space for a business seeking a high-traffic location in a well-established commercial area. This is an ideal opportunity for businesses looking to establish or expand their presence in a dynamic and growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $5,874,678

  6.5%

  $5,422,780

  7%

  $5,035,438

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,821,090

  Geo Method

  $9,437,592

• Alternative Use

  Use

  Valuation

  Residential

  $4,574,317

  Hospitality

  $4,190,050

  Educational

  $3,486,072

  Medical

  $3,605,964

  Retail

  $5,422,780

Location Insight

City

Chambersburg

County

Franklin

State

Pennsylvania

Latitude

39.9303

Longitude

-77.6385

CBSA code

16540

CBSA name

CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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