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    77 3Rd St Chambersburg, PA 17201

    Sponsored
    For Lease
    $15 SF/Yr

    Updated Flex Space; Ideal for Retail or Office

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 40,000 square foot flex space, located in the heart of downtown Chambersburg, presents a unique investment opportunity. The building, originally constructed in 1880 and extensively renovated in 2018, boasts a Class B rating and offers a single-tenant occupancy. The property's versatile layout is perfect for a variety of uses, making it suitable for both retail and office businesses. The space features an updated, open floor plan, providing ample room for customization to meet specific operational needs. Its prime downtown Chambersburg location offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for clients and employees. Further enhancing its appeal, this property is situated within a designated HUB zone, potentially offering significant federal contracting advantages. The building includes one loading dock, facilitating efficient loading and unloading of goods. With its blend of historical charm and modern updates, this property represents a rare opportunity to acquire a well-maintained, versatile commercial space in a thriving downtown area. The 40,000 square foot building offers significant potential for a variety of businesses seeking a prominent location with convenient access and ample space. Contact us today to learn more about this exceptional property.

    Property Features for 77 3Rd St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF
    Class
    B
    Total Rate
    50000

    Building Details

    Year Built/Renovated
    1880/2018

    Unit(s) available at that property

    Space
    Size
    5,000 SF
    Rate per SF
    $15

    HighLights

    • 40,000 SF flex space, offering retail, office, and industrial uses.
    • Single‑tenant occupancy.
    • 5,000 SF available.
    • Class B building, originally built in 1880, renovated in 2018.
    • One loading dock.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Hub Building Coworking Space Clarvida Mental Health Clinic Bill McHugh- Integrity ... Mortgage Lender Peter Migaly Psychiatrist Peter Akos Migaly Psychiatrist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chambersburg
    County
    Franklin
    State
    Pennsylvania
    Longitude
    -77.656891079923
    Latitude
    39.937997962921

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    FAQs

    What type of property is this?
    Flex space - Updated Flex Space; Ideal for Retail or Office
    Where is this flex space located?
    The property is located at 77 3Rd St Chambersburg, PA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 40,000 SF flex space, offering retail, office, and industrial uses.; Single-tenant occupancy.; 5,000 SF available.
    Request Owner's contact information
    77 3Rd St Chambersburg, PA 17201
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    Chambersburg, PA 17201
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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
    77 3Rd St Chambersburg, PA 17201
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