Schools and Properties Nearby
0.25 Acres Lot
0.25 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID PACB2058016
Year Built 1900
Available Date 2026-09-25
Annual Tax Amount $7,316
Tax Year 2025
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
With five commercial spaces and three residential apartments, opportunity exists through current rental income and additional income potential as available spaces are leased. The remaining available units are currently being marketed for lease. The street-level storefront, currently home to The Cumberland Shop, provides excellent visibility along King Street, while the additional commercial spaces are substantial in size, offer separate entrances, and provide a variety of layouts with potential for a range of business or professional uses.
The residential component includes three apartments: one 3-bedroom, 2-bath unit and two 2-bedroom, 1-bath units. Residents also have access to a shared laundry area with two washers and two dryers.
Property improvements have included updates to HVAC, plumbing, and electrical systems, along with kitchens and ADA-compliant bathrooms within the commercial spaces. Additional features include public water and sewer, separately metered utilities, 200-amp electric service to individual units, and 3-phase electric service.
Located in downtown Shippensburg, the property benefits from its central King Street location, visibility, and convenient access to the surrounding Cumberland Valley, I-81, and Shippensburg University.
With its substantial square footage, downtown location, on-site parking, mix of commercial and residential uses, established rental history, and additional leasing potential,16-18 W King Street offers a unique opportunity to acquire a significant mixed-use property in downtown Shippensburg.
Location
State PA
County Cumberland
Area Shippensburg Boro (14432)
Zoning MIXED USE
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Solid Hardwood, Concrete, Laminated
Heat Source Natural Gas
Exterior
Garage Spaces 13.0
Utilities Available Natural Gas Available, Sewer Available, Water Available, Electric Available
Water Access N
Roof Type Metal,Asphalt,Shingle
Accessibility 2+ Access Exits, 32\"+ wide Doors, 36\"+ wide Halls, 48\"+ Halls, Grab Bars Mod, Wheelchair Mod, Elevator, Level Entry - Main
Total Parking Spaces 13
Garage N
Building
Foundation Block, Stone, Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Shippensburg Area
School District Shippensburg Area
Others
Tax ID 34-34-2415-085
Ownership Fee Simple
Security Features Fire Detection System
Special Listing Condition Standard
