126 E KING STREET, SHIPPENSBURG, PA 17257
CUMBERLAND County
Key Facts
Description
This historic commercial property presents a unique investment opportunity in a prime location. Constructed with durable brick, the building offers a solid foundation for various business ventures. With a generous lot size of 0.21 acres, there is ample space for expansion or additional development, enhancing potential returns. The property features a dedicated parking lot, ensuring convenience for tenants and clients alike. Its strategic positioning allows for easy access to local amenities and thoroughfares, increasing foot traffic and visibility. Investors will appreciate the potential for rental income, given the growing demand for commercial spaces in the area. The building's historical significance adds intrinsic value, appealing to businesses seeking a distinctive identity. This property is not just a purchase; it is an opportunity to capitalize on a piece of history while securing a profitable future. Explore the possibilities this investment holds and position yourself for success in the commercial real estate market.
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Year Built
1776
Living Area
4,014 sq ft
Lot Size
0.21 acres
Parking Spaces
8
Zoning
NEIGHBORHOOD COMMERCIAL
Days on Market
98
MLS® Listing#
PACB2050116
Property Features
Appliances
Cooling
Heating
Parking
Construction
Sewer
Water Source
Schools
- High:
- SHIPPENSBURG AREA
- District:
- SHIPPENSBURG AREA
Financial Details
Annual Taxes
$3,649
Tax year 2024
Assessed Value
$182,000
Parcel Number
33-34-2415-090
Directions
on Route 11 in Shippensburg Historical District
Affordability Calculator
$65,000
Estimated monthly payment
$1,730/mo
Principal $260,000 · Est. interest $362,723 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in SHIPPENSBURG, PA
- $352,500
- Median Listing Price
- 66
- Median Days on Market
- 1,873
- Median Sq Ft
- $174
- Median Price / Sq Ft
- 79
- Active Listings
- This home’s price is 8% below the area median.
- Its price per sq ft is 53% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in SHIPPENSBURG, PA.
Location
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Points of Interest in SHIPPENSBURG, PA
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 805 BALTIMORE ROAD, SHIPPENSBURG, PA | $229,000 | 3 | 3 | 1,371 |
| 42 RICHARD AVENUE, SHIPPENSBURG, PA | $235,000 | 4 | 1 | 1,435 |
| 0 OLDE SCOTLAND ROAD, SHIPPENSBURG, PA | $250,000 | — | — | — |
| 110 S QUEEN STREET, SHIPPENSBURG, PA | $256,000 | 4 | 2 | 1,793 |
| 26 BURKE DRIVE, SHIPPENSBURG, PA | $256,200 | 2 | 2 | 1,144 |
| 3666-3670 ORRSTOWN ROAD, SHIPPENSBURG, PA | $260,000 | 4 | — | 2,600 |
Moving Cost Estimate
EXIT Agents in SHIPPENSBURG
Listing Courtesy: Jalex Real Estate Services LLC - 7174779326