Corner Retail/Showroom
2114 LINCOLN WAY EAST Chambersburg, PA 17202
For Sale
$395,000
2,500+ sq ft corner retail/showroom building with strong Route 30 visibility and on-site parking.
Property Size2,762 SF
Lot Size0.50 Acres
Price / SF$143.01
Days on Market14
Property Features for 2114 LINCOLN WAY EAST
General Information
Standard status
Active
Size
2,762 SF
Lot size
0.50 Acres
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
Coldwell Banker Realty
(717) 809-3642
Listed By:
David L Dymond
(717) 809-3642
Source:
Cummingsrealtors
Added: Jul 16
Changed: Jul 26
Last Checked: Jul 28 at 4:53AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This commercial property features a 2,500+ square foot building positioned on a highly visible corner at the meeting point of Route 30 and Old Main Street. The site is described as offering ample parking and outdoor space, with room for vehicle display areas or future expansion.
The property’s frontage along Route 30 is marketed for strong exposure, with more than 20,000 vehicles passing daily. The location is also described as providing easy access to Chambersburg, Gettysburg, and Interstate 81. The seller notes multiple commercial use possibilities, including a used car dealership, beauty salon, daycare center, professional offices, retail business, service company headquarters, and medical or wellness practice.
Address: 2114 Lincoln Way East, Chambersburg, PA 17202.
The property’s frontage along Route 30 is marketed for strong exposure, with more than 20,000 vehicles passing daily. The location is also described as providing easy access to Chambersburg, Gettysburg, and Interstate 81. The seller notes multiple commercial use possibilities, including a used car dealership, beauty salon, daycare center, professional offices, retail business, service company headquarters, and medical or wellness practice.
Address: 2114 Lincoln Way East, Chambersburg, PA 17202.
Key Highlights
- 2,500+ sq ft commercial building on a corner lot at the Route 30 and Old Main Street intersection in Fayetteville
- Over 20,000 vehicles per day pass the property on Route 30
- Approximately be;-acre lot with ample parking and outdoor space
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.4k | $15.00 |
| − Vacancy | −$4.4k | −$1.58 |
| EGI | $37.1k | $13.43 |
| − OpEx | −$11.1k | −$4.03 |
| NOI | $26.0k | $9.40 |
2,762 SF · lease $15.00/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$370.8K
$324.5K – $432.6K
NOI $25,956 @ 7.0% cap · market cap 6.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$669.7K
$586.0K – $781.3K
NOI $46,879 @ 7.0% cap · market cap 11.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - 2,500+ sq ft corner retail/showroom building with strong Route 30 visibility and on-site parking.
Where is this retail space located?
The property is located at 2114 LINCOLN WAY EAST Chambersburg, PA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 2,500+ sq ft commercial building on a corner lot at the Route 30 and Old Main Street intersection in Fayetteville; Over 20,000 vehicles per day pass the property on Route 30; Approximately be;-acre lot with ample parking and outdoor space
