Building Details

Year Built 2008

Buildings 1

Building Size 5,000 SF

Construction metal

Listing Agency: The Berkstresser Realty Group

Listed By: Wayne R Berkstresser · License #RS190346L Show Phone

Source: Lgagne

Added: Aug 10 Changed: Oct 10 Last Checked: Oct 7 at 2:10PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Berkstresser Realty Group

Investment Insights

Based on property information with market context.

This 4,905-square-foot flex building combines warehouse, shipping, and office areas within a commercial layout. Constructed in 2008, the property has a fully metal exterior, three heating and cooling zones, public water and sewer, and two handicap-accessible restrooms.

The corner-lot property offers access to Route 11 and I-81. The space is identified for a range of potential applications, including light assembly, meeting use, supply operations, church, dance studio, education center, controlled-environment storage, retail, professional office, medical, dental, clinical, and veterinary uses.

Key Highlights

• 4,905‑square‑foot commercial flex building
• Combination warehouse, shipping, and office configuration
• Built in 2008 with fully metal exterior

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$34,753

Cap Rate

5.99%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$695,060 $695.1K

Cap Rate 7%

$496,471 $496.5K

Cap Rate 9%

$386,144 $386.1K

Market Conditions

NOI Build-Up for 4,905 SF

Gross rent

$43.3K $8.83/SF

− Vacancy

−$2.4K −$0.49/SF

EGI

$40.9K $8.34/SF

− OpEx

−$6.1K −$1.25/SF

NOI

$34.8K $7.09/SF

Area

Franklin County, PA

Vacancy

5.60%

Lease Rate

$8.83 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$695,060

Cap Rate 7%

$496,471

Cap Rate 9%

$386,144

Alternative Uses

Best Use

Office B

$863.6K

$755.7K – $1.01M (±1% cap)

NOI $60,452 @ 7.0% cap · market cap 10.42%

Second Best

Warehouse

$496.5K

$434.4K – $579.2K (±1% cap)

NOI $34,753 @ 7.0% cap · market cap 5.99%

Theoretical Best

Office A

$1.19M

$1.04M – $1.39M (±1% cap)

NOI $83,252 @ 7.0% cap · market cap 14.36%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

The Wellington Complex Warehouse & Storage

Suggested Use

Top Pick Dental Office Real Estate Agency Electrical Service Pharmacy Restaurant Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

138

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 17202, PA

30,805

Population

12,925

Households

2.4

Avg Household Size

43

Median Age

27%

College-Educated

90%

High-School Grad

118.1 sq mi

ZIP Area

261

Density / Sq Mi

$94,366

Median Household Income

$49,471

Median Earnings

$1,094

Median Rent

$257,700

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Combination commercial space with shipping, office, and warehouse areas.

Where is this flex space located?

The property is located at 201 Sunset Boulevard E Chambersburg, PA.

What is the asking price?

The asking price for this property is $579,900.

What are key features of this property?

This property features: 4,905‑square‑foot commercial flex building; Combination warehouse, shipping, and office configuration; Built in 2008 with fully metal exterior