700 King St Shippensburg, PA 17257-1508
This exceptional mixed-use property at 700 E King St, Shippensburg, PA 17257, presents a compelling investment opportunity. Boasting 4,065 square feet on a sizable 1.01-acre lot, this storefront offers significant potential for growth and income. Currently at 50% occupancy, the property is zoned T-C, allowing for a variety of commercial uses. Its prime location next to the future Wawa offers unparalleled visibility and accessibility, ensuring high foot traffic and customer exposure. The asking price is $550,000. This established business location provides immediate lease income and significant long-term investment growth potential. The property's size and zoning flexibility make it suitable for a range of businesses seeking a high-visibility location in a thriving community. Don't miss this chance to capitalize on the burgeoning commercial landscape of Shippensburg. The property's strategic location and existing infrastructure provide a solid foundation for immediate success and future expansion. Serious inquiries are encouraged.
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.