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1660 Lincoln E Way Chambersburg, PA 17202-3392

OFF-MARKET Retail space Google Maps
10.61 ac lot
Entity Owned 10-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$285k
Range $257k – $314k (±10%)
Property ID US73-3319410

Property summary

AI-generated overview

Lincoln Way East Shopping Center, located at 1660 Lincoln Way E in Chambersburg, PA 17202, presents a compelling investment opportunity. This well-maintained 99,290 square foot strip center sits on an 11.33-acre lot in Franklin County and offers multiple tenancy options. Currently, the center boasts a strong tenant mix including national brands such as Harbor Freight, Joann Fabric, Mattress Warehouse, Label Shopper, and AAA, ensuring consistent high traffic flow. Four spaces are currently available, ranging in size from 1,643 square feet to 4,224 square feet, providing flexibility for various retail businesses. The property's prime location along Lincoln Way East (Route 30) guarantees excellent visibility and accessibility for customers. Ample parking is provided to accommodate the high volume of traffic generated by the existing tenants. This established shopping center offers a unique opportunity to capitalize on a thriving retail environment in a desirable Pennsylvania location. The property's strong tenant base and strategic location make it an attractive investment for those seeking a stable and profitable retail venture. The available spaces are ideal for businesses seeking high visibility and access to a large customer base. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 10.61 ac (462,172 SF)
APN 10-D5-43A
UPID US73-3319410

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • Carpet & Flooring Store Hardware & Home Improvement
  • Shopping Center & Mall

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2016
4 recorded transactions
2017
Price N/A
2016
Price N/A
2016
$7.7M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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