1942 Scotland AveChambersburg, PA 17201

Property Details for 1942 Scotland Ave

Lot size

0.22 AC

Property type

Office properties

Property subtype

Office buildings

APN

02-1C-140

APU

021C140

Description

This exceptional office space at 1942 Scotland Avenue in Chambersburg, PA, presents a fantastic leasing opportunity. Ideally situated on Scotland Avenue, this property enjoys high visibility and convenient access to Menno Haven Brookview Campus and CAMS North, among other medical and office facilities. Previously used as a medical provider's office, the layout includes a welcoming reception/waiting area, six well-appointed exam rooms, a staff break room, and restrooms. The adaptable floor plan offers flexibility for various configurations, even allowing for shared occupancy. Ample shared parking is available for staff and clients. Beyond the main level, a substantial, open basement with a concrete floor provides extensive storage space, ideal for records, supplies, or seasonal items. Utility access is readily available. This property is zoned for professional office use and is offered for lease only. The 0.22-acre lot ensures ample space and convenient access. The building's proximity to other medical facilities makes it an attractive location for healthcare professionals or related businesses. The existing infrastructure, including the exam rooms and reception area, offers significant cost savings for potential tenants. This is a rare opportunity to secure a well-located, functional office space in a thriving area. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $2,044,595

  6.5%

  $1,887,318

  7%

  $1,752,510

• Comparable approach

  Method

  Valuation

  Relative Method

  $978,780

  Geo Method

  $1,916,025

• Alternative Use

  Use

  Valuation

  Residential

  $2,340,274

  Hospitality

  $2,143,679

  Educational

  $1,783,516

  Medical

  $1,844,854

  Retail

  $2,774,358

Location Insight

City

Chambersburg

County

Franklin

State

Pennsylvania

Latitude

39.955

Longitude

-77.6351

CBSA code

16540

CBSA name

CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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