140 Orange StShippensburg, PA 17257
- Other commercial real estate
- 7,680 SF
Property Details for 140 Orange St
- Lot size
- 0.27 AC
- Property size (Sq ft)
- 7,680 SF
- Property type
- Other commercial real estate
- APN
- 34-34-2417-156
- APU
- 34342417156
Description
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
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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