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Property profile & analytics
OFF-MARKET
Neighborhood centers

0 Gateway Ave Chambersburg, PA 17201

35,660 SF 4.2 ac lot
Property ID
Property summary
AI-generated overview

Gateway Plaza is a thriving 35,660 square foot retail strip center situated on 4.2 acres of prime commercial land in Chambersburg. This multi-tenant property enjoys a highly visible location directly off I-81 (52,000 vehicles per day), providing exceptional accessibility and exposure along the busy Gateway Avenue, Norland Avenue, and Walker Road corridor. The center is strategically positioned within Chambersburg's core retail market, surrounded by a robust mix of national retailers including Giant, Target, Kohl's, Michael's, NJ's, Texas Roadhouse, Chipotle, and Starbucks, ensuring high foot traffic and brand synergy. Currently, one retail space of 3,000 square feet is available for lease. The property's strong tenant mix and convenient location make it an attractive investment opportunity for retailers seeking a high-traffic, established market. Net operating income (NNN) is $4.36 per square foot. This property presents a unique chance to establish or expand a business in a thriving retail environment with excellent visibility and accessibility. The significant growth in the Chambersburg market further enhances the long-term potential of this investment.

Property profile
Verified
Property type Neighborhood centers
Total area 35,660 SF
Lot 4.2 ac (182,952 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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