230 Steinwehr AveGettysburg, PA 17325
- Mixed-use properties
- 0.16 AC
Property Details for 230 Steinwehr Ave
- Lot size
- 0.16 AC
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 16 013-0167---000
- APU
- 160130167000
Description
This exceptional commercial property at 230 Steinwehr Avenue, Gettysburg, PA, presents a fantastic investment opportunity in the heart of Gettysburg's historic downtown. Priced at $750,000, this 0.16-acre lot boasts a main building most recently used as a combined restaurant and ice cream parlor. The well-equipped commercial kitchen features a substantial 9-foot hood and ample refrigeration with a walk-in refrigerator and freezer. Adding to its versatility, a secondary building with frontage on Taneytown Road includes a residential apartment and a second-floor flex space, offering potential for additional income streams or expansion of the existing business. The property's prime location within Gettysburg's thriving tourist commercial district places it amongst numerous successful shops, restaurants, hotels, and businesses, ensuring high visibility and foot traffic. Its proximity to the Gettysburg Battlefield further enhances its appeal to visitors and residents alike. This property is ideal for entrepreneurs seeking a turnkey operation or those looking to establish a new venture in a highly desirable location. The possibilities are truly endless for this unique and well-situated commercial property. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,843,997
- 6.5%
- $1,702,151
- 7%
- $1,580,569
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,103,438
- Geo Method
- $679,648
-
Alternative Use
- Use
- Valuation
- Residential
- $1,702,151
- Hospitality
- $1,559,161
- Educational
- $1,297,204
- Medical
- $1,341,817
- Retail
- $2,017,873
Location Insight
- City
- Gettysburg
- County
- Adams
- State
- Pennsylvania
- Latitude
- 39.8208
- Longitude
- -77.2332
- CBSA code
- 23900
- CBSA name
- GETTYSBURG, PA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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