1097 Lincoln Way Chambersburg, PA 17201
- Turn key restaurants
- 0.43 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 1097 Lincoln Way
- Lot size
- 0.43 lot acres
- Property type
- Turn key restaurants
- APN
- 03-1E12S-20
- APU
- 031E12S20
Description
This exceptional freestanding retail property, located at 1097 Lincoln Way East in Chambersburg, Pennsylvania, offers 2,000 square feet of versatile space. Situated on highly trafficked Route 30 (25,000 vehicles per day), this single-tenant building enjoys a prominent position within a thriving retail corridor. The property's strategic location places it just 17 miles north of Hagerstown, Maryland, and 28 miles south of Carlisle, Pennsylvania, ensuring excellent accessibility and visibility. Benefit from the strong surrounding retail environment, with nearby established businesses including TJ Maxx, Maurice's, Shoe Department, Target, Giant, Dick's Sporting Goods, and Sheetz. This one-story building presents a fantastic opportunity for a variety of retail uses, capitalizing on the high volume of daily traffic and the presence of successful neighboring retailers. The property is located in Franklin County and has a 17201 zip code. The building is a single-tenant structure, offering a cohesive and efficient space for a business seeking a high-traffic location in a well-established commercial area. This is an ideal opportunity for businesses looking to establish or expand their presence in a dynamic and growing market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $675,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $650,000
- 6.5%
- $650,000
- 7%
- $640,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $775,000
- Geo Method
- $610,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $585,000
- Retail
- $750,000
- Mixed-Use
- $770,000
- Hospitality
- $695,000
- Educational
- $570,000
- Residential Income
- $675,000
- Energy
- $735,000
- Income-Based Land
- $695,000
- Food Service
- $725,000
Location Insight
- Map
- Local Demand
- City
- Chambersburg
- County
- Franklin
- State
- Pennsylvania
- Longitude
- -77.6385
- Latitude
- 39.9303
- CBSA code
- 16540
- CBSA name
- CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA