220 Baltimore St Gettysburg, PA 17325
- Office buildings
- 0.10 lot acres
Current Use by Public Records
- Trinity Law / Criminal Justice Attorney / Estate Planning Attorney
- Puhl & Thrasher / Law Firm
Property Details for 220 Baltimore St
- Lot size
- 0.10 lot acres
- Property type
- Office buildings
- APN
- 16 010-0298---000
- APU
- 160100298000
Description
This exceptional three-story brick office building, located at 220 Baltimore Street in the heart of historic Gettysburg, Pennsylvania, presents a unique investment opportunity. Boasting 6,969 square feet of space on a 0.1-acre lot, this property offers significant potential for a variety of uses. The building features a prominent 1863 Civil War plaque, adding to its historical significance and charm. The interior is currently configured as office space, with three full floors. The first floor includes a half bath, kitchenette, reception area, conference room, and individual offices. The second floor mirrors this layout, also featuring two half baths, offices, and a conference room. The third floor, currently unfinished, offers the potential for conversion into a residential apartment, complete with a full bathroom, providing additional income potential. The building's convenient location, just three blocks south of Gettysburg Square, offers excellent visibility and accessibility. Rear parking is also available, a valuable asset in a downtown setting. The asking price for this remarkable property is $475,000. This presents a rare chance to own a piece of Gettysburg's rich history while capitalizing on a strong commercial real estate market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $260,000
- 6.5%
- $230,000
- 7%
- $275,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $300,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $290,000
- Retail
- $255,000
- Mixed-Use
- $280,000
- Hospitality
- $280,000
- Educational
- $265,000
- Residential Income
- $255,000
- Energy
- $235,000
- Income-Based Land
- $260,000
- Food Service
- $305,000
Location Insight
- Map
- Local Demand
- City
- Gettysburg
- County
- Adams
- State
- Pennsylvania
- Longitude
- -77.2307
- Latitude
- 39.8281
- CBSA code
- 23900
- CBSA name
- GETTYSBURG, PA MICROPOLITAN STATISTICAL AREA