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Property profile & analytics
OFF-MARKET
Commercial real estate

822 Ritner Hwy Shippensburg, PA 17257

1,834 SF 4 ac lot Built 1876
Property ID
US73-2765468
Property summary
AI-generated overview

This exceptional commercial property presents a unique investment opportunity in Shippensburg, PA. The offering encompasses a substantial 4-acre lot, strategically located on Ritner Highway, boasting high traffic counts – ideal for a variety of business ventures. Included within the 4-acre parcel is a sizable home, currently occupied by a tenant, providing immediate potential rental income. Multiple outbuildings are also present on the site, offering versatile storage or expansion possibilities. The property's commercially zoned status opens the door to a wide range of business applications, from retail and service industries to light industrial uses. The existing home and outbuildings offer immediate utility, while the expansive land provides ample room for future development and growth. This property's prime location and versatile features make it an attractive proposition for entrepreneurs and investors seeking a strong foothold in a thriving market. The 1,834 square foot home provides additional income potential and the property is priced at $600,000. This is a rare opportunity to acquire a substantial commercial property with significant upside potential.

Property profile
Verified
Property type Commercial real estate
Year built 1876
Total area 1,834 SF
Lot 4 ac (174,240 SF)
UPID US73-2765468
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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