This versatile 7,680 square foot mixed-use building, located at 140 W Orange St in Shippensburg, PA 17257, presents a compelling investment opportunity. Built in 1988 and extensively renovated in 2021, the property boasts a C-1 zoning designation and sits on a 0.27-acre lot. The building features 19 off-street parking spaces, ensuring convenient access. The lower level, ideal for retail, includes three updated restrooms, two retail counters per room, and changing rooms. All plumbing from its previous use as a laundromat remains, offering easy reconversion if desired. The lower level also benefits from three-phase electric, new HVAC units powered by natural gas, and a rear room with a 14'x10' automatic garage door (plus an additional framed garage door). The 12-foot ceiling height makes this area suitable for various uses, including an auto shop. The upper level, reinforced for added weight capacity, offers exterior access and could be easily converted into residential space. This level includes two office spaces, water access, and newly installed central heating and air. The building's attractive exterior was fully re-faced during the 2021 renovations. Asking price is $699,000 ($91.02/sq ft). This property offers significant income-generating potential and exceptional flexibility for a wide range of business ventures.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,875,541
Hospitality
$1,717,985
Educational
$1,429,344
Medical
$1,478,501
Retail
$2,223,424
Location Insight
City
Shippensburg
County
Cumberland
State
Pennsylvania
Latitude
40.0464
Longitude
-77.5255
CBSA code
25420
CBSA name
HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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