Mixed Use For Sale - 240 W KING ST, SHIPPENSBURG, PA 17257

240 W KING ST, SHIPPENSBURG, 17257, PA
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Explore this Property

Located at the signalized corner of West King and South Morris Street in the heart of Shippensburg Borough, this attractive mixed-use commercial property offers exceptional visibility, ample parking, and outstanding owner-user or investment potential. Situated on a level 0.53-acre lot, the property features a huge gravel parking area — a rare amenity for a downtown location — along with a rear ramped entrance providing handicap accessibility. The main level consists of approximately 1,400 square feet of nicely appointed professional office space featuring a welcoming waiting room, reception office, conference room, three private offices, kitchenette, and restroom. Beautifully refinished hardwood floors, abundant charm, and classic character create an inviting professional setting suitable for a variety of office or service-oriented uses. The upper floors include a separately accessed two-bedroom, one-bath apartment totaling approximately 1,300 square feet. The residential unit offers a renovated kitchen, laundry service, and spacious living areas, making it ideal for supplemental rental income or owner occupancy. Additional features include an all-brick exterior, roof replacement circa 2021, oil-fired hot water baseboard heat, heat pump with central air conditioning, two 200-amp electrical panels, and a full basement level for storage or utility purposes. Projected market rents are estimated at approximately $1,400/month for the office space and $1,250/month for the apartment. Also well suited for an owner-user seeking professional office space with additional residential income potential.

MLS# PACB2054296
Wolfe & Company REALTORS
Active For Sale Commercial
$325,000
Mixed Use
Mixed Use
1930 Year built
105 days on market

Property Features

Roof
Shingle
Type
CRE
Acres
0.53
Style
Institutional,Medical,Professional,Apartment Building
Cooling
Central A/C
Heating
Heat Pump(s),Baseboard - Hot Water
Sub Type
MixedUse
Flooring
Hardwood,Laminated,Vinyl
Year Built
1930
Foundation
Block,Stone
Sub Type Text
Mixed Use
Construction
Brick
Accessibility
Ramp - Main Level
Lot Description
Corner
Lot Size Area Units
Square Feet

Location

Directions: Take Route 11 into Downtown Shippensburg which becomes King Street. Property is on the corner of West King and South Morris Street.

Market Area: Shippensburg Boro (14432)

Schools

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