337 Wayne Ave Chambersburg, PA 17201
- Commercial real estate
- 0.14 lot acres
Current Use by Public Records
- Tip Top Cleaners / Dry Cleaner
Property Details for 337 Wayne Ave
- Lot size
- 0.14 lot acres
- Property type
- Commercial real estate
- APN
- 06-1E41-13
- APU
- 061E4113
Description
This exceptional business opportunity presents a fully equipped, established dry cleaning facility located at 337 Wayne Avenue in Chambersburg, Pennsylvania. Spanning 2,485 square feet on a 0.14-acre lot, this property has served the community continuously since 1948. The business, Tip Top Cleaners, offers a comprehensive range of services including dry cleaning, full-service laundry, alterations, repairs, convenient pick-up, and delivery options. Benefitting from a loyal customer base cultivated over seven decades, the business has experienced a post-pandemic surge in demand. Its prime location on Wayne Avenue ensures high visibility and accessibility. The sale includes all existing equipment, making this a true turnkey operation. The property is priced at $249,700 and presents a unique chance for an entrepreneur to either continue operating the successful dry cleaning business or repurpose the space for a different commercial venture. The existing infrastructure and established clientele provide a solid foundation for immediate success. This is a rare opportunity to acquire a well-established business with a proven track record in a desirable location. Don't miss out on this chance to own a piece of Chambersburg's history and secure a profitable future.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $280,000
- 7%
- $275,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $335,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $285,000
- Retail
- $290,000
- Mixed-Use
- $320,000
- Hospitality
- $320,000
- Educational
- $280,000
- Residential Income
- $335,000
- Energy
- $285,000
- Income-Based Land
- $245,000
- Food Service
- $330,000
Location Insight
- Map
- Local Demand
- City
- Chambersburg
- County
- Franklin
- State
- Pennsylvania
- Longitude
- -77.66
- Latitude
- 39.923
- CBSA code
- 16540
- CBSA name
- CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA
