204 Chambersburg StGettysburg, PA 17325

For Sale
$619,000

Prime Downtown Gettysburg Investment

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional commercial property, located at 204 Chambersburg Street in Gettysburg, Pennsylvania, presents a unique investment opportunity. The 5,173 square foot building currently operates as The Salon Suites of Gettysburg, a fully leased, turn-key operation housing seven individual suites. Each suite is independently leased to long-term tenants, generating over $70,000 in annual gross rental income. The property boasts a waiting list of prospective tenants, ensuring consistent occupancy. Recent improvements include a new metal roof, updated HVAC system, and upgraded electrical. Additional income potential exists through the conversion or rental of two rear garage areas, potentially creating additional suites or storage space. Four to six parking spaces are available at the rear of the building for tenant use. This well-maintained property offers a strong return on investment with the security of established, consistent income streams and a proven business model. The property is situated in the heart of downtown Gettysburg, providing excellent visibility and accessibility. This is a rare opportunity to acquire a profitable, established business with significant upside potential. The asking price is $619,000.

Highlights

  • $619,000 asking price.
  • 5,173 square foot lot.
  • Located at 204 Chambersburg Street, Gettysburg, PA 17325.
  • Fully leased, seven-suite building generating over $70,000 in annual gross rental income.
  • Features include a new metal roof, updated HVAC, and updated electrical systems.
  • Potential for additional income from two rear garage areas, convertible to suites or rentable as-is.

Location Insight

City
Gettysburg
County
Adams
State
Pennsylvania
Latitude
39.83062
Longitude
-77.235239
204 Chambersburg St, Gettysburg, Pennsylvania

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204 Chambersburg St
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