679 Main St Chambersburg, PA 17201
- Turn key restaurants
- 0.19 lot acres
Current Use by Public Records
- Johnnie's Family Restaurant / American Restaurant / Family Restaurant
Property Details for 679 Main St
- Lot size
- 0.19 lot acres
- Property type
- Turn key restaurants
- APN
- 04-1E25-35
- APU
- 041E2535
Description
This exceptional commercial property at 679 S. Main Street, Chambersburg, PA 17201, presents a unique investment opportunity. The 4,000 square foot restaurant is fully equipped and ready for immediate operation, boasting a seating capacity of 143 guests. A significant feature is the inclusion of a separate pizzeria within the main restaurant space, offering diverse revenue streams. The property also includes a substantial three-bedroom, two-bathroom single-family home, providing ample living quarters or potential for additional rental income. Two detached two-car garages offer convenient parking and storage solutions. The property sits on a 0.6-acre lot and is zoned for Distributive Commercial Neighborhood use, offering flexibility for future expansion or adaptation. The asking price is $795,000, translating to $198.75 per square foot. The property's Assessed Parcel Numbers (APNs) are 04-1E25-035-00000
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $350,000
- 6.5%
- $375,000
- 7%
- $375,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $300,000
- Geo Method
- $365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $310,000
- Retail
- $300,000
- Mixed-Use
- $360,000
- Hospitality
- $300,000
- Educational
- $295,000
- Residential Income
- $315,000
- Energy
- $350,000
- Income-Based Land
- $375,000
- Food Service
- $385,000
Location Insight
- Map
- Local Demand
- City
- Chambersburg
- County
- Franklin
- State
- Pennsylvania
- Longitude
- -77.6639
- Latitude
- 39.9271
- CBSA code
- 16540
- CBSA name
- CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA
