1536 Lincoln WayChambersburg, PA 17201

Property Details for 1536 Lincoln Way

Lot size

1.18 AC

Property type

Retail properties

Property subtype

Banks

APN

10-D5-44B

APU

10D544B

Description

This exceptional 1.52-acre commercial lot presents a remarkable investment opportunity in Chambersburg, Pennsylvania. Strategically located on Lincoln Way East (US Route 30), this property boasts excellent visibility and accessibility, with a signalized intersection at Mower Road. Its prime location offers immediate proximity to established businesses, including Lowe's Home Center and Patriot Federal Credit Union, ensuring high traffic volume and strong potential for commercial development. The property is zoned C (Guilford Township), allowing for a variety of commercial uses. All utilities, including storm sewer, are conveniently located at the lot line, simplifying development and reducing infrastructure costs. The asking price is $425,000, payable in cash at closing. This is a rare opportunity to acquire a readily developable commercial site in a thriving area with significant growth potential. The property's size and location make it ideal for a wide range of commercial ventures, from retail establishments to office spaces. Immediate availability ensures a swift start to your project. Don't miss this chance to secure a prime piece of commercial real estate in a high-demand location. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $16,121,099

  6.5%

  $14,881,014

  7%

  $13,818,085

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,229,876

  Geo Method

  $25,898,332

• Alternative Use

  Use

  Valuation

  Residential

  $12,552,692

  Hospitality

  $11,498,199

  Educational

  $9,566,366

  Medical

  $9,895,368

  Retail

  $14,881,014

Location Insight

City

Chambersburg

County

Franklin

State

Pennsylvania

Latitude

39.9243

Longitude

-77.614

CBSA code

16540

CBSA name

CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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