230 Steinwehr AveGettysburg, PA 17325

  • Mixed-use properties
  • 0.16 AC
For Sale
$750,000 View listing

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
230 Steinwehr Ave, Gettysburg, Pennsylvania

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

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
$11,119
$98,500
$447,200
$545,700
-
$98,500
$447,200
$545,700

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