This exceptional 102,830 square foot shopping center in Waynesboro, Pennsylvania, presents a lucrative investment opportunity. Located at 690 E Main St (Route 16), this multi-tenant property boasts high visibility on a heavily trafficked road (19,000 AADT) less than a mile from downtown. Currently, five suites are available, with 8,601 square feet of vacant space, including two contiguous spaces ranging from 4,296 to 4,305 square feet. The center enjoys strong anchor tenants such as PA Wine and Spirits, Savage Pharmacy, Sherwin Williams, Elite Nails, Subway, Domino's Pizza, Quest Diagnostics, Great Clips, China King, and a new Wendy's. Its strategic location directly across from WellSpan Health Hospital, a major employer with over 20,000 employees, further enhances its appeal. Additional nearby employers include St. Mary's Sacred Hospital, Franklin County Board of Education, and an AutoZone Regional Distribution Center. The surrounding three-mile radius boasts a population of 20,000 residents with an average household income exceeding $60,000, providing a robust consumer base. This property offers significant potential for growth and return on investment in a thriving community. The property is situated in Franklin County, PA, and has a zip code of 17268. The cross street is Enterprise Avenue.
Lifestyle center - Prime Retail Space, Waynesboro, PA
Where is this lifestyle center located?
The property is located at 690 Main St Waynesboro, PA.
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690 Main St Waynesboro, PA 17268
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Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
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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.
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690 Main St Waynesboro, PA 17268
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690 Main St, Waynesboro, PA
Greg Jones
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