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    1970 Scotland Ave Chambersburg, PA 17201

    Sponsored
    For Sale
    $600,000

    Prime Location, High-Return Potential

    Property size:
    2,640 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 2,640 square foot mixed-use building at 1970 Scotland Avenue in Chambersburg, PA, presents a unique investment opportunity. Situated on a 0.37-acre lot, the property boasts a convenient blacktop parking lot with ample space for twelve vehicles. The building's versatile layout includes a welcoming reception area and waiting room at the front entrance, perfect for client interaction. Multiple offices and conference rooms provide flexible workspace, complemented by a well-equipped kitchen and two additional bathrooms. A significant advantage is the potential to generate rental income from a separate office space, complete with its own private entrance, independent heating and cooling systems, and dedicated bathroom facilities. Recent upgrades enhance the property's value and appeal, including the installation of two brand-new HVAC units, a fresh coat of paint throughout, and new window treatments. Some existing furniture is included in the sale, further streamlining the transition for a new owner. Priced at $600,000, this property offers a compelling blend of functionality, convenience, and income potential, making it an ideal acquisition for a discerning investor or business owner seeking a prominent Chambersburg location. The property's excellent condition and recent improvements minimize immediate capital expenditure needs, allowing for a swift return on investment.

    Property Features for 1970 Scotland Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,640 SF
    Lot Size
    16,117 SF

    Building Details

    Year Built
    2003
    Property Profile Location Intelligence

    Current Use by Public Records

    Jeffrey Lensbower Psychologists Psychologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chambersburg
    County
    Franklin
    State
    Pennsylvania
    Longitude
    -77.63401
    Latitude
    39.95575

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Location, High-Return Potential
    Where is this mixed-use property located?
    The property is located at 1970 Scotland Ave Chambersburg, PA.
    What is the asking price?
    The asking price for this property is $600,000.
    (717) 591-5555
    Request Owner's contact information
    1970 Scotland Ave Chambersburg, PA 17201
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    Chambersburg, PA 17201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1970 Scotland Ave Chambersburg, PA 17201
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