822 Ritner Hwy Shippensburg, PA 17257
- Commercial real estate
- 1,834 SF
- 4.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 822 Ritner Hwy
- Year built
- 1876
- Lot size
- 4.00 lot acres
- Property size
- 1,834 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shippensburg
- County
- Cumberland
- State
- Pennsylvania
- Longitude
- -77.5015
- Latitude
- 40.06296
