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    62 King St Shippensburg, PA 17257-1344
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    Property profile & analytics

    62 King St Shippensburg, PA 17257-1344


    • Retail space
    • 1,864 SF
    • 0.19 lot acres
    Off-Market
    Last Sale Nov 24, 2020
    $180,000
    Property ID
    US73-1371038
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    Cap Rate Potential
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    • Retail space

    Property Details for 62 King St

    Lot size
    0.19 lot acres
    Property size
    1,864 SF
    Property type
    Retail space
    APN
    33-34-2415-019
    APU
    33342415019

    Description

    This exceptional commercial investment property, located at 62 E King Street in Shippensburg, Pennsylvania, presents a compelling opportunity for savvy investors. The 8,200 square foot building sits on a 0.19-acre lot and comprises a diverse mix of five units: two retail spaces and three residential spaces. Currently, there is one vacant retail space and two vacant residential units, offering immediate potential for rental income generation and value enhancement. The property has undergone some renovations and updates by the previous owner, providing a solid foundation for a new owner to personalize and further improve. Detailed property and utility information is available in the associated documents. The asking price for this prime Shippensburg investment is $449,900. This presents a rare chance to acquire a multi-unit property with a blend of retail and residential uses in a desirable location. The existing infrastructure and partial renovations minimize upfront capital expenditure, allowing for a quicker return on investment. The vacant units offer flexibility for tailoring the property to meet specific market demands and maximizing rental income. Don't miss this chance to secure a valuable addition to your investment portfolio. Contact us today to schedule a viewing and explore the possibilities.


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    Location Insight

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    • Local Demand
    City
    Shippensburg
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -77.5187
    Latitude
    40.0508
    CBSA code
    25420
    CBSA name
    HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,781
    $49,700
    $145,300
    $195,000
    -
    $49,700
    $145,300
    $195,000
    More about this property
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