Property

Shippensburg, PA 17257 100 E King Street

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Presented By: Coldwell Banker Realty
  • MLS# PACB2040146
  • 03/22/2025
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  • Beds • 6

Home Details

Welcome to 100 E King St, a high-visibility, mixed-use property in the heart of downtown Shippensburg. This versatile investment offers multiple income streams with room for growth! First Floor: Formerly a high-capacity pizza shop, this space offers a turnkey restaurant setup or can be repurposed for a new business venture. Ideal for an owner-operator or as a rental opportunity. Upper Floors: 3 residential units currently rented on a month to month basis. Bonus Potential: laundry area and maintenance room, with the possibility for future expansion - tenants currently have laundry access but laundry is not coin operated and could be! Situated in a high-traffic location, this property enjoys strong local demand, excellent visibility, and significant income potential. Whether you're an investor looking for a high-yield asset or a business owner seeking a prime storefront or small restaurant this property is a rare find in a growing market. Don't miss out! Take advantage of this incredible opportunityschedule your private tour today!
Presented By: Coldwell Banker Realty

Interior Features for 100 E King Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
BasementFull
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
FlooringHardwood, Partially Carpeted, Vinyl, Tile/Brick
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories3
Window FeaturesVinyl Clad

General for 100 E King Street

Acceptable FinancingCash, Conventional, Other
AccessibilityNone
AppliancesWasher, Dryer
Architectural StyleTraditional, Other
CitySHIPPENSBURG
Construction MaterialsBrick
Cool FuelNone
CoolingWindow Unit(s), Wall Unit
CountyCUMBERLAND
DirectionsGPS
ElectricCircuit Breakers, 200+ Amp Service
ExclusionsTenant Personal Items
Garage Y/NNo
HeatingForced Air, Zoned
Lease TypeMonth to Month
Lot Size Square Feet2614.00
Lot Size UnitsSquare Feet
MLS AreaShippensburg Boro (14432)
ModificationTimestamp2025-04-14T20:19:49
MunicipalitySHIPPENSBURG BORO
Net Operating Income20063.00
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
NumberOfUnitsVacant1
One Bedroom Units Count
Operating Expense11137.00
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 3
OwnerPaysCommon Area Maintenance, Insurance, Water, Trash Collection, Sewer, Taxes - Real Estate
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG100.0
Property SubtypeQuadruplex
Property TypeMulti-Family
RoofShingle
School DistrictSHIPPENSBURG AREA
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeOther
Subdivision NameSHIPPENSBURG BOROUGH
Tax Annual Amount4568.0
Tax Assessed Value240000.0
Tax Year2025
Total Actual Rent31200.00
Total SQFT3500
Two Bedroom3
UtilitiesCable TV Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningCOMMERCIAL NEIGHBORHOOD

Exterior for 100 E King Street

Exterior AmenitiesSidewalks
Foundation DetailsStone, Concrete Perimeter
InclusionsWasher, Dryer
Land Assessed Value13400.00
Land Use Code371
Lot Size Acres0.06
Lot Size SourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Schools

Elementary School N/A
High School Shippensburg Area High School
Middle School N/A

Charles Torres

Owner
Price $350,000
MLS#PACB2040146
List Date 03/22/2025
Property Type Multi-Family
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