487 E King St - Retail FOR SALE


Shippensburg, PA 17257
$1,150,000 USD
717-860-0794
487 E King St, Shippensburg, PA for Sale
$1,150,000 USD
Retail - FOR SALE
1/14
null | Request Cap Rate

487 E King St
Shippensburg, PA 17257


HIGHLIGHTS

  • Establish Restaurant Location for 65+Years
  • University Town
  • Residential Growth Nearby

OVERVIEW

A fantastic commercial real estate opportunity: this 5,000 sq. ft. building sits on 1 acre of land on two tax parcels, currently operating as a full-service Restaurant/Diner. Ideal for investors, developers, or owner-users seeking a versatile property with excellent income potential. Property Highlights: Building Size: 5,000 sq. ft.; Lot Size: 1 acre (two parcels); Zoning: Flexible commercial use (restaurant, retail, mixed use, redevelopment potential); Parking: On-site customer and staff parking; Residential Component: Potential for home rental income of $2,500–$3,000/month; Location: High-traffic area with strong visibility and easy accessibility. Restaurant/Diner business is not included in the real estate sale. Both the Real Estate and Business have common ownership. Business is available for purchase under separate agreement

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$261 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Commercial

APN/PARCEL ID

32-33-1869-059

ASK ABOUT THIS PROPERTY

Jim NicklasThe Pineapple GroupMore Info
717-860-0794

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Jim NicklasThe Pineapple GroupMore Info
717-860-0794

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.