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Freestanding Restaurant Site
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935 Wayne Ave, Chambersburg, PA 17201

Freestanding restaurant building on a 2.06-acre parcel with ample on-site parking for restaurant operations.

Space Size6,095 SF
Lot Size2.06 Acres
Days on Market147

Property Features for 935 Wayne Ave

General Information

Standard status Active
Size 6,095 SF
Total Parking Spaces 114
Lot size 2.06 Acres
Property subtype RETAIL

Site & Location

Traffic Count 10,712 vehicles/day
Road Access Yes

Spaces For Lease

at 935 Wayne Ave Contact us

935 Wayne Ave

Floor
Bldg
Size
6,095 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- ±6,095 SF Freestanding Former Red Lobster Situated on ±2.06 Acres - High-visibility...
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Listing Agency: J.C. BAR Properties, Inc.
Listed By: Greg Jones · License #2293073
Source: Moodyscre
Added: Apr 21 Changed: Sep 13 Last Checked: Sep 13 at 10:13AM

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 J.C. BAR Properties, Inc.

Investment Insights

Based on property information with market context.

A freestanding restaurant property totaling 6,095 square feet, situated on a 2.06-acre parcel. The site is described as a former Red Lobster and is presented as a turnkey, second-generation restaurant option, with furniture, fixtures, and equipment (FF&E) and a liquor license that can be made available for sale or lease.

The property is located along Wayne Avenue in a dominant retail corridor with 10,712 AADT noted in the listing remarks. The site includes 114 on-site parking spaces and is positioned to accommodate restaurant reuse or alternative redevelopment given the size of the parcel.

As offered, the configuration supports straightforward restaurant continuity, with the listed FF&E and liquor license availability intended to help streamline tenant transition.

Key Highlights

  • 6,095 SF freestanding former Red Lobster on a 2.06‑acre parcel
  • High‑visibility Wayne Avenue retail corridor with 10,712 AADT
  • 114 on‑site parking spaces for restaurant operations

Property Analytics

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Current Use

Red Lobster Restaurant Chambersburg Fast House ... Hardware & Home Improvement Rapid Commercial Exterminators Garden Center

Suggested Use

Top Pick Dental Office Law Firm Auto Parts Store Parking Lot & Garage Furniture & Home Goods HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10,712 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

396
Businesses Nearby
285k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 38% Groceries 27% Home Improvements & Furnishings 16% Shops & Services 12%
Rural King Home Improvements & Furnishings
44,901 visits/mo 0.1 miles
Giant Food Store Groceries
40,918 visits/mo 0.1 miles
Cracker Barrel Old Country Store Dining
19,226 visits/mo 0.5 miles
Dunkin' Donuts Dining
18,368 visits/mo 0.2 miles
Wendy's Dining
17,913 visits/mo 0.2 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • PANDA BUFFET 1009 Wayne Ave, Chambersburg, PA 17201

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding restaurant building on a 2.06-acre parcel with ample on-site parking for restaurant operations.
Where is this conventional restaurant located?
The property is located at 935 Wayne Ave Chambersburg, PA.
What are key features of this property?
This property features: 6,095 SF freestanding former Red Lobster on a 2.06‑acre parcel; High‑visibility Wayne Avenue retail corridor with 10,712 AADT; 114 on‑site parking spaces for restaurant operations
(484) 948-5217 Call to check price and availability
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