Seven-Bay Auto
New
For Sale
$599,900
491 & 497 Lincoln Way W, Chambersburg, PA 17201
Automotive facility with multiple service bays, vehicle lifts, and a frame straightener.
Property Size6,000 SF
Price / SF$99.98
Days on Market3
Property Features for 491 & 497 Lincoln Way W
General Information
Standard status
Active
Size
6,000 SF
Additional Details
Service Bays
7
Amenities
lifts
frame straightener
oil burner
Building Details
Year Built
1985
Listing Agency:
RE/MAX 1st Advantage
(717) 709-7089
Listed By:
Thomas B Mongold · License #RS216175L
Source:
Kandorre
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 3:24PM
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 RE/MAX 1st Advantage
Investment Insights
Based on property information with market context.
The property is an automotive facility offering 6,000 square feet of space, 7 service bays, and 6 lifts. A frame straightener is included, supporting collision-related automotive work. The facility also features a used oil burner for alternative heat. Built in 1985, the property is located at 491 & 497 Lincoln Way W in Chambersburg, Pennsylvania.
Key Highlights
- 7 service bays
- 6 lifts
- Frame straightener included
Financial Insights For Industrial
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 | $53.0k | $8.83 |
| − Vacancy | −$3.0k | −$0.49 |
| EGI | $50.0k | $8.34 |
| − OpEx | −$15.0k | −$2.50 |
| NOI | $35.0k | $5.83 |
6,000 SF · lease $8.83/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$805.5K
$704.8K – $939.8K
NOI $56,385 @ 7.0% cap · market cap 9.40%
Second Best
Industrial
$500.1K
$437.6K – $583.5K
NOI $35,009 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$1.45M
$1.27M – $1.70M
NOI $101,837 @ 7.0% cap · market cap 16.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
7
Service bays
Location Intelligence
Trade Area within ½ mile
742
Businesses Nearby
24k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 62%
Shops & Services 36%
Electronics 2%
Big Lots
Superstores
14,967 visits/mo
0.4 miles
Family Dollar
Shops & Services
6,015 visits/mo
0.5 miles
Shively Motors Dodge Chrysler Jeep Ram of Chambersburg
Shops & Services
1,701 visits/mo
0.3 miles
Firestone Complete Auto Care
Shops & Services
809 visits/mo
0.3 miles
Metro by T-Mobile
Electronics
407 visits/mo
0.5 miles
Demographics for 17201, PA
27,556
Population
12,749
Households
2.2
Avg Household Size
39
Median Age
28%
College-Educated
91%
High-School Grad
19.1 sq mi
ZIP Area
1,443
Density / Sq Mi
$59,645
Median Household Income
$42,500
Median Earnings
$1,109
Median Rent
$206,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Mancio Bodyshop — 821 Lincoln Way W, Chambersburg, PA 17201
- Exhaust Bros — 9 S Harrison Ave, Chambersburg, PA 17201
- Huber-Coleman Auto Repair Solutions — 897 Lincoln Way W, Chambersburg, PA 17202
- Exhaust Pro — 447 S 3rd St, Chambersburg, PA 17201
- Lincoln Way West Autobody LLC — 865 Lincoln Way W, Chambersburg, PA 17202
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive facility with multiple service bays, vehicle lifts, and a frame straightener.
Where is this auto shop located?
The property is located at 491 & 497 Lincoln Way W Chambersburg, PA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 7 service bays; 6 lifts; Frame straightener included
