153 Orange St, Shippensburg, PA 17257-1742
This exceptional mixed-use property at 153 W Orange Street, Shippensburg, PA, presents a unique investment opportunity. Boasting 2,312 square feet on a 0.68-acre lot, this building enjoys a highly visible location just one block from King Street, at the intersection of Morris and West Orange Streets. Its strategic placement ensures high traffic visibility and accessibility. The property features two restrooms and a convenient drive-up window, ideal for various business models. Ample space is available for a lobby and offices, complemented by 20 designated parking spaces, ensuring convenience for both employees and customers. Currently occupied by a tenant under a lease that transfers to the new owner and expires June 30, 2026, with a potential buyout option. This presents a chance to acquire a well-situated property with immediate income potential, or to reposition the space for a new business venture. The property's size, location, and amenities make it an attractive prospect for a wide range of commercial uses. The recent price reduction makes this an even more compelling investment opportunity in the thriving Shippensburg market. Don't miss this chance to own a piece of Shippensburg's commercial landscape. The asking price is $399,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.