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Property profile & analytics
OFF-MARKET Estimated value $525,000
Commercial real estate

140 Orange St Shippensburg, PA 17257-1741

7,680 SF 0.27 ac lot
Individually Owned ~ Est. High Equity
Property ID
US73-1424101
Property summary
AI-generated overview

This versatile 7,680 square foot mixed-use building, located at 140 W Orange St in Shippensburg, PA 17257, presents a compelling investment opportunity. Built in 1988 and extensively renovated in 2021, the property boasts a C-1 zoning designation and sits on a 0.27-acre lot. The building features 19 off-street parking spaces, ensuring convenient access. The lower level, ideal for retail, includes three updated restrooms, two retail counters per room, and changing rooms. All plumbing from its previous use as a laundromat remains, offering easy reconversion if desired. The lower level also benefits from three-phase electric, new HVAC units powered by natural gas, and a rear room with a 14'x10' automatic garage door (plus an additional framed garage door). The 12-foot ceiling height makes this area suitable for various uses, including an auto shop. The upper level, reinforced for added weight capacity, offers exterior access and could be easily converted into residential space. This level includes two office spaces, water access, and newly installed central heating and air. The building's attractive exterior was fully re-faced during the 2021 renovations. Asking price is $699,000 ($91.02/sq ft). This property offers significant income-generating potential and exceptional flexibility for a wide range of business ventures.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 7,680 SF
Lot 0.27 ac (11,761 SF)
APN 34-34-2417-156
UPID US73-1424101
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
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
$472k
Blend (final) Blend
$525k
Owner & transaction history
Dillian L Hollinshead
Dillian L Hollinshead
since 2025
Last sale
$560,000
3 recorded transactions
2025
$560,000
2023
Price N/A
2021
$350,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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