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Shippensburg Redevelopment Opportunity

8 E Orange St, Shippensburg, PA 17257

For Sale
$375,000
Pending

Approved six-unit townhome redevelopment site in Shippensburg.

Property SizeContact for details
Days on Market252

Property Features for 8 E Orange St

General Information

Standard status Pending
Property subtype Land

Taxes and HOA fees

Annual Taxes $7,047
Listing Agency: Clear Multifamily LLC
Listed By: Naomi E Brown · License PA RM426301
Source: Exprealty
Added: Mar 4 Changed: Oct 26 Last Checked: Nov 8 at 11:22AM

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 Clear Multifamily LLC

Rey
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Investment Insights

Based on property information with market context.

This property, located in Shippensburg, is approved for a six-unit townhome redevelopment. The site currently contains three older homes that require removal. An approved plan is in place to replace them with six new units. The property benefits from its proximity to downtown Shippensburg, the rail trail, and various parks, all within walking distance. Adjacent to the site is a new 55+ apartment community and other recently constructed townhomes. The redevelopment plan has been approved and is ready to proceed. Public utility connections are located immediately adjacent to the site.

Key Highlights

  • Approved for six‑unit townhome redevelopment.
  • Redevelopment plan is approved and ready to proceed.
  • Public utility connections are immediately adjacent to the site.

Property Analytics

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Suggested Use

Top Pick Dental Office Electrical Service Kitchen & Bath Showroom Plumbing Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

594
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Approved six-unit townhome redevelopment site in Shippensburg.
Where is this residential land & home lot located?
The property is located at 8 E Orange St Shippensburg, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Approved for six‑unit townhome redevelopment.; Redevelopment plan is approved and ready to proceed.; Public utility connections are immediately adjacent to the site.
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