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    550 Cleveland Ave Chambersburg, PA 17201

    Sponsored
    For Lease
    $20 SF/Yr

    Chambersburg Office Space: Multiple Options Available

    Lot size:
    16,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Chambersburg office campus, located at 550 Cleveland Avenue (cross street: McKinley Street), offers a diverse range of spaces ideal for various business needs. The six, two-story buildings comprise a total of 16,200 square feet of meticulously maintained office space, categorized as Class B. Currently, three spaces are available, ranging from 486 to 1,882 square feet, providing flexibility for businesses of all sizes. The property boasts a convenient location with easy access to Interstate 81, placing your business within reach of a wider market. Enjoy the benefits of ample free off-street parking (109 spaces total) and the peace of mind that comes with a professional, full-time maintenance team dedicated to keeping the grounds and buildings in top condition. The campus features ADA compliance, high-speed internet access, and a robust 3-phase power system. Its strategic location offers proximity to the Chambersburg Area School District, the YMCA, downtown Chambersburg, and the Franklin County Courthouse, ensuring easy access to essential services and amenities. The concrete construction ensures durability and longevity, while the well-maintained grounds provide a pleasant and productive work environment. Flexible floor plans and build-to-suit options are available to accommodate specific business requirements. Zoned DCN in Franklin County, this property presents an unbeatable value in a highly desirable location. One 2000 lb passenger elevator serves the buildings.

    Property Features for 550 Cleveland Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,200 SF
    Class
    B
    Total Rate
    27000

    Building Details

    Buildings
    6
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 214
    Size
    1,882 SF
    Rate per SF
    $20
    Space
    Suite 201
    Size
    711 SF
    Rate per SF
    $20
    Space
    Suite 208
    Size
    486 SF
    Rate per SF
    $20

    HighLights

    • Six‑building office campus totaling 16,200 square feet.
    • Multiple tenancies available, ranging from 486 to 1,882 square feet.
    • Class B office space with 109 parking spaces and 3‑phase power.
    • Features one 2000 lb passenger elevator and ADA compliance.
    • Convenient location near I‑81, Chambersburg Area School District, YMCA, downtown Chambersburg, and Franklin County Courthouse.
    Property Profile Location Intelligence

    Current Use by Public Records

    Harold Miller Psychologist Visiting Angels Home Health Care Service US Fruit Inspection ... Federal Courthouse Avenues Professional Center Business Center Budget Self Storage Self-Storage Facility

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Chambersburg
    County
    Franklin
    State
    Pennsylvania
    Longitude
    -77.65812356077
    Latitude
    39.928764119814

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    FAQs

    What type of property is this?
    Medical office - Chambersburg Office Space: Multiple Options Available
    Where is this medical office located?
    The property is located at 550 Cleveland Ave Chambersburg, PA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Six-building office campus totaling 16,200 square feet.; Multiple tenancies available, ranging from 486 to 1,882 square feet.; Class B office space with 109 parking spaces and 3-phase power.
    Request Owner's contact information
    550 Cleveland Ave 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
    550 Cleveland Ave Chambersburg, PA 17201
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