901 Lincoln E Way Chambersburg, PA 17201-2817
- Turn key restaurants
- 0.50 lot acres
Current Use by Public Records
- Taco Bell / Fast Food Restaurant / Breakfast Restaurant
- Pizza Hut / Pizza Delivery / Chicken Wings Restaurant
Property Details for 901 Lincoln E Way
- Lot size
- 0.50 lot acres
- Property type
- Turn key restaurants
- APN
- 03-1E12-21
- APU
- 031E1221
Description
Lincolnway West Shopping Center presents a prime retail opportunity in Chambersburg, PA. This single-story, 2,700 square foot building is situated on Lincoln Way West, offering excellent visibility and accessibility. Currently, 1,350 square feet of retail space is available for lease within this single-tenant building. The property's location provides convenient access for customers and ample space for a variety of retail, office, or medical uses. The building is situated in Franklin County and presents a strong entry point for businesses seeking to establish a presence in the thriving west Chambersburg market. The existing structure offers a solid foundation for immediate occupancy, minimizing upfront investment and allowing for a quick start to operations. This is an exceptional chance to secure a well-located retail space in a growing area. The 1,350 square foot space offers flexibility for customization to meet specific business needs. The property's single-tenant configuration ensures a focused and efficient business environment. This is an ideal opportunity for businesses seeking high visibility and convenient access to a substantial customer base. The property's location on Lincoln Way West provides excellent exposure to high traffic volume, maximizing potential customer reach. This retail space offers a unique chance to establish a successful business in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,250,000
- 6.5%
- $2,270,000
- 7%
- $2,035,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,735,000
- Geo Method
- $2,585,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,955,000
- Retail
- $2,235,000
- Mixed-Use
- $2,120,000
- Hospitality
- $2,630,000
- Educational
- $2,540,000
- Residential Income
- $1,970,000
- Energy
- $2,355,000
- Income-Based Land
- $2,430,000
- Food Service
- $2,115,000
Location Insight
- Map
- Local Demand
- City
- Chambersburg
- County
- Franklin
- State
- Pennsylvania
- Longitude
- -77.6446
- Latitude
- 39.9322
- CBSA code
- 16540
- CBSA name
- CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA