100 Walnut Bottom Rd Shippensburg, PA 17257
- Commercial real estate
- 1,914 SF
- 0.86 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 100 Walnut Bottom Rd
- Year built
- 1870
- Lot size
- 0.86 lot acres
- Property size
- 1,914 SF
- Property type
- Commercial real estate
Description
This exceptional income-producing property is situated on a highly visible 0.86-acre corner lot at the intersection of Walnut Bottom Road and Airport Road in Shippensburg, Pennsylvania. The property boasts a total of 1,914 square feet and comprises a two-unit residential building and two single-wide mobile homes. Each residential unit within the main building offers two bedrooms and one bathroom, while the mobile homes mirror this configuration, providing a total of four units. The property currently generates a substantial gross monthly income of $3,425. Its strategic location offers excellent visibility and accessibility, being conveniently close to shopping centers, gas stations, and less than a mile from Interstate 81's Exit 29. This prime location ensures consistent tenant occupancy and strong rental demand. The property presents a significant opportunity for investors seeking a stable and lucrative income stream with potential for future growth and development. The existing structure is well-maintained and provides immediate cash flow. This is an ideal investment for those seeking a turnkey operation in a thriving commercial area. The property's high visibility and convenient location make it an attractive proposition for a variety of uses. Serious inquiries are encouraged.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shippensburg
- County
- Cumberland
- State
- Pennsylvania
- Longitude
- -77.49581
- Latitude
- 40.05883