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1050 Superior Ave 90,000 SF Industrial Building Chambersburg, PA 17201 For Sale
Investment Highlights
- Equipped with 8 dock-high loading doors and 9 drive-in doors for versatile shipping and receiving operations.
- Enhanced power capacity includes 3-phase electrical service rated at 3,000 AMPS (480/277V), with a wet sprinkler system in place for added safety.
- Approximately 90,000 SF industrial facility situated on a 3.64-acre parcel, complemented by a 1.49-acre storage yard.
- Heavy Industrial (HI) zoning permits operations involving capital-intensive machinery and manufacturing processes.
- Conveniently located in Chambersburg with strategic access to the southern tier of the I-81 corridor, supporting regional and national distribution.
Executive Summary
Binswanger is pleased to present an exclusive single-tenant industrial investment opportunity in Chambersburg, PA. This I-81 corridor asset consists of 90,000 square feet situated on a 3.65-acre parcel with an additional 1.49-acre storage yard. The property features exceptional functionality with 8 loading docks, 9 drivein doors, and sufficient trailer parking. Strategically located within the southern tier of the I-81 corridor, the property provides seamless access to major transportation routes, ensuring strong logistical
advantages for distribution and manufacturing operations. Zoned HI (Heavy Industrial) within the Cumberland Valley Business Park, the site is well-positioned
for continued industrial growth. The property is fully leased to Applegate Insulation and Greenfiber, industry leaders in cellulose insulation manufacturing. Following their 2022 merger, these companies, in partnership with Industrial Opportunity Partners (IOP), have become the largest manufacturer of cellulose insulation in North America. This merger enhances the tenant’s financial stability, industry presence, and long-term growth potential, providing investors with a secure, income-generating asset backed by
strong tenant credit. Applegate Insulation, a family-owned business since 1978, had an estimated revenue of $131 million in 2024. Greenfiber, founded in 2000 as a joint venture between Louisiana-Pacific and Casella Waste Systems, leads the market in cellulose-based fire and sound products. Their parent company, Industrial Opportunity Partners,
has raised over $900 million and successfully invested in more than 25 platform companies, ensuring a strong backing for the tenant. With a well-established tenant, strategic industrial location, and exceptional property specifications, this offering presents an outstanding opportunity for investors seeking long-term value and stability in the industrial real estate market.
advantages for distribution and manufacturing operations. Zoned HI (Heavy Industrial) within the Cumberland Valley Business Park, the site is well-positioned
for continued industrial growth. The property is fully leased to Applegate Insulation and Greenfiber, industry leaders in cellulose insulation manufacturing. Following their 2022 merger, these companies, in partnership with Industrial Opportunity Partners (IOP), have become the largest manufacturer of cellulose insulation in North America. This merger enhances the tenant’s financial stability, industry presence, and long-term growth potential, providing investors with a secure, income-generating asset backed by
strong tenant credit. Applegate Insulation, a family-owned business since 1978, had an estimated revenue of $131 million in 2024. Greenfiber, founded in 2000 as a joint venture between Louisiana-Pacific and Casella Waste Systems, leads the market in cellulose-based fire and sound products. Their parent company, Industrial Opportunity Partners,
has raised over $900 million and successfully invested in more than 25 platform companies, ensuring a strong backing for the tenant. With a well-established tenant, strategic industrial location, and exceptional property specifications, this offering presents an outstanding opportunity for investors seeking long-term value and stability in the industrial real estate market.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1942/2020 |
| Property Subtype | Distribution | Tenancy | Single |
| Building Class | C | No. Dock-High Doors/Loading | 8 |
| Lot Size | 3.65 AC | No. Drive In / Grade-Level Doors | 9 |
| Rentable Building Area | 90,000 SF | ||
| Zoning | Heavy Industrial - designates areas for industries involving capital-intensive machinery and processes, often producing goods for other businesses. | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 3.65 AC |
| Rentable Building Area | 90,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1942/2020 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 8 |
| No. Drive In / Grade-Level Doors | 9 |
| Zoning | Heavy Industrial - designates areas for industries involving capital-intensive machinery and processes, often producing goods for other businesses. |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 09-0C03S-002-000000 | Improvements Assessment | $47,250 |
| Land Assessment | $10,950 | Total Assessment | $58,200 |
Property Taxes
Parcel Number
09-0C03S-002-000000
Land Assessment
$10,950
Improvements Assessment
$47,250
Total Assessment
$58,200
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1050 Superior Ave
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