1970 Scotland Ave Chambersburg, PA 17201-1450
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.
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Jeffrey Lensbower Psychologists Physician Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.