Property profile

1097 Lincoln Way E Chambersburg, PA 17201

FOR LEASE
Turn key restaurants
Property ID
US73-3176716
0.43 ac lot
Entity Owned 2-yr Hold Free & Clear
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1097 Lincoln Way E, Chambersburg, PA 17201 For Lease
Contact for pricing 2,000 SF available
1097 Lincoln Way E, Chambersburg, PA 17201
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 0.43 ac (18,731 SF)
APN 03-1E12S-20
UPID US73-3176716

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1097 Lincoln Way E Chambersburg, PA 17201
Chambersburg metro Census 10900 CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$675k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$675k

Owner & transaction history

since 2024
Last sale
$675,000
2 recorded transactions
2024
$675,000
2021
$650,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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