3433 Lincoln WayChambersburg, PA 17202

  • Retail properties
  • 0.78 AC
For Sale
$559,000 View listing

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
3433 Lincoln Way, Chambersburg, Pennsylvania

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

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
$8,943
$10,800
$45,730
$56,530
-
$10,800
$45,730
$56,530

FAQs

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