875 Lincoln Way Chambersburg, PA 17202
- Retail space
- 7.95 lot acres
Current Use by Public Records
- Surplus City / Home Goods Store
- China One / Chinese Restaurant
- Jai Thai Restaurant / Thai Restaurant
- Brother's Pizza Radio hill / Pizza Restaurant / Delivery Restaurant
- Better Days Thrift Store / Thrift Store
Property Details for 875 Lincoln Way
- Lot size
- 7.95 lot acres
- Property type
- Retail space
- APN
- 11-E13-77A
- APU
- 11E1377A
Description
This exceptional 2,000 square foot medical office space is situated within the thriving Westside Plaza Shopping Center, a Class A property built in 2001. The center boasts high visibility from a major roadway and benefits from strong anchor tenants, including a popular Surplus City discount hardware store and a Wendy's restaurant, generating significant foot traffic. This contributes to a high-demand location, evidenced by the largely occupied space with only this suite currently available for lease. The entire building encompasses 57,400 square feet, with multiple tenants currently operating successfully. The space is immediately available and offers a minimum divisible space of 2,000 square feet, with a maximum contiguous space of 2,000 square feet. The existing tenant mix includes a diverse range of businesses, such as Holiday Hair, an Italian restaurant, Liberty Tax, a smoke shop, and a billiards establishment, creating a vibrant and bustling atmosphere. This presents a unique opportunity for a medical practice seeking a well-located, high-traffic space within an established and successful shopping center. The property is well-maintained and offers excellent visibility, making it an ideal location for attracting patients and establishing a thriving practice.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,610,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,925,000
- 6.5%
- $2,910,000
- 7%
- $2,675,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,925,000
- Geo Method
- $3,130,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,880,000
- Retail
- $2,695,000
- Mixed-Use
- $2,720,000
- Hospitality
- $3,120,000
- Educational
- $2,875,000
- Residential Income
- $3,005,000
- Energy
- $3,150,000
- Income-Based Land
- $2,765,000
- Food Service
- $2,945,000
Location Insight
- Map
- Local Demand
- City
- Chambersburg
- County
- Franklin
- State
- Pennsylvania
- Longitude
- -77.6822
- Latitude
- 39.9373
- CBSA code
- 16540
- CBSA name
- CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA
