3433 Lincoln WayChambersburg, PA 17202
- Retail properties
- 0.78 AC
Property Details for 3433 Lincoln Way
- Lot size
- 0.78 AC
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 11-E15-115
- APU
- 11E15115
Description
This exceptional restaurant opportunity is located at 3433 Lincoln Way West in Chambersburg, Pennsylvania, 17202. The property, built in 1960 and extensively renovated in 2018, boasts 3,000 square feet on a 0.78-acre lot (APN: 11-0E15-115-000000). This single-story building offers a well-established, turnkey operation with seating for over 90 patrons, including 22 booths, and a convenient drive-through window. Ample parking is available for customers. The asking price is $559,000, translating to $210 per square foot. All furniture, fixtures, and equipment (FF&E) are included in the sale and available for review upon request. The property enjoys a prime location on Route 30 West, minutes from downtown Chambersburg, and benefits from a high volume of daily traffic (VPD: 9,278). This picturesque setting, nestled by a stream and pond, presents a unique and attractive opportunity for a seasoned restaurateur or a new business venture. The property's history and recent renovations combine to offer a strong foundation for continued success.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $10,656,341
- 6.5%
- $9,836,622
- 7%
- $9,134,006
-
Comparable approach
- Method
- Valuation
- Relative Method
- $8,745,190
- Geo Method
- $17,119,270
-
Alternative Use
- Use
- Valuation
- Residential
- $8,297,559
- Hospitality
- $7,600,520
- Educational
- $6,323,543
- Medical
- $6,541,019
- Retail
- $9,836,622
Location Insight
- City
- Chambersburg
- County
- Franklin
- State
- Pennsylvania
- Latitude
- 39.9276
- Longitude
- -77.7367
- 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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- How can I contact the broker?
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