425 Queen StLittlestown, PA 17340
- Turn key restaurants
- 0.66 AC
Property Details for 425 Queen St
- Lot size
- 0.66 AC
- Property type
- Turn key restaurants
- APN
- 27 005-0018---000
- APU
- 270050018000
Description
425 North Queen Street presents a fantastic opportunity to acquire a freestanding retail building in a prime Littlestown location. This single-tenant property boasts 1,500 square feet of retail space, situated within a thriving commercial corridor. The building's strategic placement along North Queen Street, a major thoroughfare, ensures high visibility and accessibility. Its proximity to the intersection of Route 194 and Queen Street further enhances its desirability. The property benefits from the presence of established national retail neighbors, including McDonald's, Domino's, Dollar General, and FedEx, creating a strong retail synergy and attracting significant foot traffic. The total building size is 2,641 square feet, offering potential for expansion or additional uses (subject to local regulations). This property is located in Adams County and represents an excellent investment opportunity for those seeking a well-positioned retail space in a busy commercial area. The building's existing tenant base and location within a high-traffic area contribute to its strong potential for rental income and future appreciation. This is a rare opportunity to acquire a well-located, freestanding retail building in a thriving market. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,867,380
- 6.5%
- $6,339,120
- 7%
- $5,886,320
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,053,900
- Geo Method
- $1,881,010
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $12,194,000
- Mixed-Use / Specialty
- $6,384,360
- Hospitality / Lodging
- $4,772,340
- Office
- $6,417,100
- Institutional / Educational
- $6,661,420
- Residential Income
- $7,793,860
- Multifamily
- $8,971,390
- Automotive / Energy
- $5,709,780
- Parking / Income-Based Land
- $1,903,340
- Restaurant / Food Service
- $3,465,360
- Healthcare / Senior Housing
- $6,477,470
Location Insight
- City
- Littlestown
- County
- Adams
- State
- Pennsylvania
- Latitude
- 39.75
- Longitude
- -77.0928
- CBSA code
- 23900
- CBSA name
- GETTYSBURG, PA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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