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    70 W King St, Unit | Chambersburg Chambersburg, PA 17201

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    For Sale
    $1,527,552

    Single-tenant property with long-term lease and minimal landlord responsibility.

    Property size:
    7 SF

    Property Features for 70 W King St

    General Information

    Size
    7 SF

    Source: Chris Kinnard Agent Chris Kinnard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chambersburg NNN Investment Opportunity

    This 7,800 square-foot single-tenant property is occupied by a Berkshire Hathaway Realty office. The property features a long-term triple net lease with approximately seven years remaining and only one renewal option. The lease structure provides for little to no landlord responsibility and minimal long-term deferred maintenance. The lease includes 2% annual rent escalations. The tenant is backed by Homesale Real Estate Services, Inc. Over $600,000 in renovations have been completed since 2018. The lease was extended three years early to the maximum term allowable by the parent company. The property is located in Chambersburg, the 22nd largest of 962 boroughs in Pennsylvania, within a growing community. The intended use of the property is for retail purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nova Corporation Computer Consultant American Heritage Property ... Property Management Company Berkshire Hathaway HomeServices ... Real Estate Agent Diné Development Corp Corporate Office Brooke Hill, Realtor Real Estate Agent

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Chambersburg
    County
    Franklin
    State
    Pennsylvania
    Longitude
    -77.6625356
    Latitude
    39.9389479

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    FAQs

    What type of property is this?
    Retail space - Single-tenant property with long-term lease and minimal landlord responsibility.
    Where is this retail space located?
    The property is located at 70 W King St, Unit | Chambersburg Chambersburg, PA.
    What is the asking price?
    The asking price for this property is $1,527,552.
    What are key features of this property?
    This property features: - Long-Term Triple Net Lease with 7 Years Remaining: Enjoy stable, passive income.; - Credit Tenant Backed by Homesale Real Estate Services, Inc.: Provides security and reliability.; - 2% Annual Rent Escalations: Ensures increasing returns.
    (270) 985-5008
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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
    70 W King St, Unit | Chambersburg Chambersburg, PA 17201
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