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Turnkey Restaurant Space
For Lease
$2,400/Mo

39 Richard Ave, Shippensburg, PA 17257

Turnkey restaurant setup with dining, kitchen infrastructure, and customer service space for quick-service food concepts near Shippensburg University.

Space SizeContact for details
Days on Market141

Property Features for 39 Richard Ave

General Information

Standard status Active

Additional Details

Business Included Yes

Building Details

Year Built 1776
Listing Agency: Sterling Property Management, Inc..
Listed By: Brock M Piper · License #RS375768
Source: Kandorre
Added: Jun 17 Changed: Oct 25 Last Checked: Oct 7 at 1:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sterling Property Management, Inc..

Rey
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Investment Insights

Based on property information with market context.

This fully built-out restaurant space is configured for day-to-day food service, with an established dining area, kitchen infrastructure, and customer service space already in place. The property is currently operating as a pizza shop, offering a turnkey layout that can support pizza, fast-casual, takeout, delivery, or other food service concepts without starting from scratch.

Located near Shippensburg University within a student housing corridor, the space benefits from a concentration of nearby residences that drives consistent pedestrian activity throughout the area. The surrounding environment is built for frequent visits, making the location well-suited for concepts that rely on walk-in customers as well as off-premise orders.

For operators seeking an efficient path to occupancy, this space provides the core restaurant components needed to launch or transition a food program. The existing restaurant layout supports service flow between the dining area, kitchen operations, and customer interaction areas, which can help reduce fit-out time and allow management to focus on menus, staffing, and day-to-day operations.

Key Highlights

  • Year built 1776
  • Fully built‑out restaurant space currently operating as a pizza shop
  • Established layout includes a dining area, kitchen infrastructure, and customer service space

Property Analytics

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Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom Skin Care Clinic HVAC Service Plumbing Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

617
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 61% Shops & Services 22% Home Improvements & Furnishings 9% Hotels & Casinos 8%
McDonald's Dining
26,612 visits/mo 0.3 miles
Members 1st Federal Credit Union Shops & Services
9,525 visits/mo 0.3 miles
Pague & Fegan True Value Home Improvements & Furnishings
3,787 visits/mo 0.4 miles
Clarion Hotel Hotels & Casinos
3,644 visits/mo 0.4 miles

Demographics for 17257, PA

28,673
Population
11,528
Households
2.5
Avg Household Size
34
Median Age
23%
College-Educated
88%
High-School Grad
115.2 sq mi
ZIP Area
249
Density / Sq Mi
$71,504
Median Household Income
$37,061
Median Earnings
$1,058
Median Rent
$219,200
Median Home Value
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant setup with dining, kitchen infrastructure, and customer service space for quick-service food concepts near Shippensburg University.
Where is this conventional restaurant located?
The property is located at 39 Richard Ave Shippensburg, PA.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: Year built 1776; Fully built‑out restaurant space currently operating as a pizza shop; Established layout includes a dining area, kitchen infrastructure, and customer service space
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