Property profile

230 Steinwehr Ave Gettysburg, PA 17325

FOR SALE
Investment properties
Property ID
US73-3502011
0.16 ac lot
Entity Owned 13-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Lot 0.16 ac (6,970 SF)
APN 16 013-0167---000
UPID US73-3502011

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

230 Steinwehr Ave Gettysburg, PA 17325
Gettysburg metro Census 31502 GETTYSBURG, PA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2013
2 recorded transactions
2013
$325,000
2007
$1,240

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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