240 W King St, Shippensburg, PA 17257

Property Description

Located at the signalized corner of West King and South Morris Street in the heart of Shippensburg Borough, this attractive mixed-use commercial property offers exceptional visibility, ample parking, and outstanding owner-user or investment potential. Situated on a level 0.53-acre lot, the property features a huge gravel parking area — a rare amenity for a downtown location — along with a rear ramped entrance providing handicap accessibility. The main level consists of approximately 1,400 square feet of nicely appointed professional office space featuring a welcoming waiting room, reception office, conference room, three private offices, kitchenette, and restroom. Beautifully refinished hardwood floors, abundant charm, and classic character create an inviting professional setting suitable for a variety of office or service-oriented uses. The upper floors include a separately accessed two-bedroom, one-bath apartment totaling approximately 1,300 square feet. The residential unit offers a renovated kitchen, laundry service, and spacious living areas, making it ideal for supplemental rental income or owner occupancy. Additional features include an all-brick exterior, roof replacement circa 2021, oil-fired hot water baseboard heat, heat pump with central air conditioning, two 200-amp electrical panels, and a full basement level for storage or utility purposes. Projected market rents are estimated at approximately $1,400/month for the office space and $1,250/month for the apartment. Also well suited for an owner-user seeking professional office space with additional residential income potential.