3650 Lincoln WayFayetteville, PA 17222
- Retail properties
- 0.38 AC
Property Details for 3650 Lincoln Way
- Lot size
- 0.38 AC
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 10-D10F-7A
- APU
- 10D10F7A
Description
This exceptional mixed-use property, situated at 3650 Lincoln Way E in Fayetteville, PA, presents a compelling investment opportunity. Spanning 1.41 acres with highway road frontage, the property boasts a substantial 9,150 square foot main building complemented by several smaller structures. The two-story main building, along with the other structures, is ideally suited for retail use. The current configuration offers flexibility for a variety of commercial ventures, including but not limited to a drive-thru coffee shop, convenience store, gas station, restaurant, or office space. The smaller buildings are currently generating rental income. The property's commercial zoning allows for a wide range of development possibilities. The existing structures are in good condition, minimizing immediate capital expenditure needs. The expansive lot size provides ample space for expansion or additional development. There's also the potential to acquire an additional 0.5 to 0.75 acres, increasing the total land area to over 2.25 acres. This prime location and versatile property offer significant upside potential for a savvy investor seeking a high-return commercial investment in a thriving area. The asking price is $560,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,191,583
- 6.5%
- $4,792,230
- 7%
- $4,449,928
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,260,504
- Geo Method
- $8,340,209
-
Alternative Use
- Use
- Valuation
- Residential
- $4,042,426
- Hospitality
- $3,702,840
- Educational
- $3,080,720
- Medical
- $3,186,670
- Retail
- $4,792,230
Location Insight
- City
- Fayetteville
- County
- Franklin
- State
- Pennsylvania
- Latitude
- 39.9105
- Longitude
- -77.5619
- CBSA code
- 16540
- CBSA name
- CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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