211 E King St - Flex FOR SALE


Shippensburg, PA 17257
$650,000 USD
800-383-3535
211 E King St, Shippensburg, PA for Sale
$650,000 USD
Flex - FOR SALE
1/36
null | Request Cap Rate

211 E King St
Shippensburg, PA 17257


OVERVIEW

Step into the heart of Shippensburg with this exceptional commercial property, rich in local history and limitless potential. Nestled on King Street—Shippensburg’s vibrant main thoroughfare—this almost 6,000 sq ft property has been a cornerstone of the community for nearly three decades, housing the beloved Victoria Corner Flowers and Gifts, and later the Raspberry Jam Gift Shop. The main floor boasts approximately 3,000 sq ft of highly versatile retail space, ideal for a variety of business ventures. Some of the features include: -A built-in garage, perfect for truck access or additional storage. -A spacious walk-in cooler, suited for food (or floral) preservation. -A former enclosed greenhouse, ripe for transformation into a stunning "Parisian-style" café, event room, or unique retail space, complete with office areas at the rear. -Convenient off-street parking at the back of the property, ensuring ease for both tenants and customers. Whether you dream of opening a bakery, coffee shop, pizza parlor, beauty salon, an inviting restaurant, or another venue, this space offers the flexibility to bring your vision to life. The potential for subdividing the main floor also creates opportunities for multiple income streams. Above the commercial space are three fully occupied apartments, currently generating significant income: Apartment A: 2 bedrooms, 1 bath. Apartments B & C: 1 bedroom, 1 bath each. All with private balconies that showcase stunning views of the valley and Shippensburg University’s iconic Old Main. Lovingly owned and meticulously maintained by the same seller for 30 years, this property reflects a deep pride of ownership. Extensive updates and thoughtful care throughout the years ensure a seamless transition for the new owner, offering peace of mind and confidence in the property’s quality. -A brand-new roof installed in 2024, ensuring low-maintenance ownership. -Efficient natural gas heating, with a newer furnace, updated plumbing and water heater. -A full basement with a concrete pad, offering extensive storage or inventory space. -All rental units in the building have been carefully cared for and are in excellent condition, thanks to the owner’s dedication to upkeep. Conveniently located near RT11, I81 and within walking distance of Shippensburg University, this property is perfectly positioned to attract students, locals, and visitors alike. This property is ready to support your business dreams and offers incredible versatility as a commercial and residential investment. Don’t miss this rare opportunity - schedule your showing today and envision the future of your business in this remarkable space!

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Storefront, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34

LAND SF

14,881

ZONING

Neighborhood Commercial

APN/PARCEL ID

33-33-1867-065

ASK ABOUT THIS PROPERTY

Customer ServiceBerkshire Hathaway | CentervilleMore Info
800-383-3535

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Customer ServiceBerkshire Hathaway | CentervilleMore Info
800-383-3535

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