Change Real Estate Presents:

16-18 King Street
Shippensburg PA 17257

For Sale: $985,000.00 Off Market

List Date: 2025-09-02

Shippensburg
10,890 land ft2

About This Property

MIXED USE COMMERCIAL AND RESIDENTIAL PROPERTY IN DOWNTOWN SHIPPENSBURG. ORIGINALLY BUILT PRE 1900. REAR ADDITION COMPLETED IN THE 1960'S. RENOVATED AND UPDATED IN 2008-10. OVER 15000 SQUARE FOOT. 5 COMMERCIAL SPACES INCLUDE; STORE FRONT OCCUPIED BY THE CUMBERLAND SHOP, MIDDLE FIRST FLOOR OCCUPIED BY UCP CENTRAL PA, MIDDLE SECOND FLOOR VACANT AND OFFERED FOR LEASE, 2-STORY REAR SPACE VACANT AND OFFERED FOR LEASE, FRONT SECOND FLOOR OFFICE SPACE VACANT AND OFFERED FOR LEASE. 3 RESIDENTIAL APARTMENTS INCLUDE; SECOND FLOOR 3BR/2BA LEASED, THIRD FLOOR (2) 2BR/1BA APT'S 1 LEASED AND 1 OFFERED FOR LEASE. EACH COMMERCIAL SPACE INCLUDES FULL KITCHEN WITH APPLIANCES AND ADA COMPLIANT BATHROOMS. ALL APARTMENTS ARE UPDATED WITH NEWER KITCHEN, APPLIANCES AND FLOORING. APARTMENTS INCLUDE COMMON LAUNDRY FACILITIES WITH (2) WASHERS AND (2) DRYERS INCLUDED FOR TENANT USE. ALL MECHANICAL SYSTEMS UPDATED IN 2008-10 INCLUDING; HVAC SYSTEMS, PLUMBING AND ELECTRICAL. PUBLIC WATER AND SEWER UTILITIES SEPARATED, 200 AMP ELECTRIC SEPARATED PER UNIT, 3-PHASE ELECTRIC. CURRENT INCOME IS: $7,200 WITH 2COMMERCIAL SPACES VACANT, 1 2BR APARTMENT VACANT AND THE OFFICE SPACE VACANT. FULLY LEASED RENTAL INCOME IS $9,975. TENANTS PAY ALL UTILITIES. OWNER PAYS $300 PER MONTH TO LEASE PARKING SPACES FOR TENANT USE.

Listing Agent: Steve L Coover. Jalex Real Estate Services LLC 717-477-9326 scoover@jalexhomes.com

Property Features

Location Information
County:
Subdivision: None
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Interior Features
Appliances:
Interior:
Laundry:
Furnished: None
Flooring: Solid Hardwood, Concrete, Laminated
Water: Public
Cooling: Central A/C
Heating: Forced Air
Fireplaces: None
Windows:
Utilities: Natural Gas Available, Sewer Available, Water Available, Electric Available
Sewer: Public Sewer
Exterior Features
Year Built: 1900
Parking: Lighted Parking, Paved Parking
Schools
Elementary School: None
Junior High School: None
High School: Shippensburg Area

IDXListing Courtesy of Steve L Coover. Jalex Real Estate Services LLC 717-477-9326 scoover@jalexhomes.com

Property Photos [Click to enlarge]

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