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Property profile & analytics
OFF-MARKET
Office buildings

1970 Scotland Ave Chambersburg, PA 17201-1450

0.37 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-3171613
Property summary
AI-generated overview

This exceptional 2,640 square foot mixed-use building at 1970 Scotland Avenue in Chambersburg, PA, presents a unique investment opportunity. Situated on a 0.37-acre lot, the property boasts a convenient blacktop parking lot with ample space for twelve vehicles. The building's versatile layout includes a welcoming reception area and waiting room at the front entrance, perfect for client interaction. Multiple offices and conference rooms provide flexible workspace, complemented by a well-equipped kitchen and two additional bathrooms. A significant advantage is the potential to generate rental income from a separate office space, complete with its own private entrance, independent heating and cooling systems, and dedicated bathroom facilities. Recent upgrades enhance the property's value and appeal, including the installation of two brand-new HVAC units, a fresh coat of paint throughout, and new window treatments. Some existing furniture is included in the sale, further streamlining the transition for a new owner. Priced at $600,000, this property offers a compelling blend of functionality, convenience, and income potential, making it an ideal acquisition for a discerning investor or business owner seeking a prominent Chambersburg location. The property's excellent condition and recent improvements minimize immediate capital expenditure needs, allowing for a swift return on investment.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 0.37 ac (16,117 SF)
APN 02-1C-150A
UPID US73-3171613
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
Current use
Occupant on record · Public records
  • Jeffrey Lensbower Psychologists Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ja Lex Realestte Services INC · 1 yrs held
Ja Lex Realestte Services INC
since 2025
Last sale
$500,000
4 recorded transactions
2025
Price N/A
2025
$500,000
2014
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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