Property profile

871 Lincoln Way E Chambersburg, PA 17201

FOR SALE
Turn key restaurants
Property ID
US73-3398274
1.44 ac lot
Entity Owned 5-yr Hold Free & Clear
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871 Lincoln Way E, Chambersburg, PA 17201 For Sale
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871 Lincoln Way E, Chambersburg, PA 17201
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Property summary

AI-generated overview

This exceptional 2,400 square foot free-standing retail building, located at 871 Lincoln Way East in Chambersburg, Pennsylvania, presents a remarkable investment opportunity. Built in 2017, this single-story structure sits on a highly visible outparcel of Westside Plaza, benefiting from excellent frontage and visibility directly from Route 30 at a signalized intersection. Previously occupied by a Wendy's, the property offers a turnkey solution for a variety of restaurant concepts or other retail businesses seeking to establish a strong presence in the thriving Chambersburg market. The building is currently vacant, allowing for immediate customization to suit a new tenant's specific needs. The asking price is $750,000, translating to a price per square foot of $312.50. The property features a NNN lease type and is a single tenancy building. The property's APN is 11-0E13-346-000000. Its strategic location in Franklin County, Pennsylvania, zip code 17201 (latitude 39.9324922, longitude -77.6454856), ensures high traffic volume and significant exposure to potential customers. This is an ideal opportunity for a business seeking a prominent location with strong visibility and immediate occupancy. Don't miss this chance to secure a prime retail space in a bustling Pennsylvania market.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 1.44 ac (62,726 SF)
APN 11-E13-346
UPID US73-3398274

Cap rate & NOI

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

Location

871 Lincoln Way E Chambersburg, PA 17201
Chambersburg metro Census 11302 CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$170k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

since 2021
Last sale
$187,000
5 recorded transactions
2021
Price N/A
2020
Price N/A
2017
$187,000
2007
Price N/A
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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