240 W King Street Shippensburg, PA $ 350,000
240 W King Street
$ 350,000
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240 W King Street

Shippensburg, PA, 17257
$ 350,000
Bedrooms-- Baths-- Sq 2,760

Monthly Estimate*

$ 2,155

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Commercial Property for sale in Shippensburg, PA

for $350,000. This 2,760 square foot building was built in 1930 on a lot size of 0.53.

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.

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Commercial Active

Price

$ 350,000

Property Type

Commercial

Taxes

$ 4,556

Style

Institutional,Medical,Professional,Apartment Build

Lot Size

0.53

Year Built

1930

Town/City

Shippensburg

County/Region

Cumberland

MLS | Web ID

PACB2054296

Features
Interior
Heating Fuel Electric Oil
Flooring Hardwood Laminated Vinyl
Hot Water Electric
Total Stories 3
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 2
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General
Sewer Public Sewer
Heating Heat Pump(s) Baseboard - Hot Water
Cooling Central A/C
Possession Settlement
Roof Shingle
Zoning NEIGHBORHOOD COMMERCIAL
Construction Materials Brick
Year Built 1930
Property Subtype Mixed Use
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality SHIPPENSBURG BORO
Business Type Institutional Medical Professional Apartment Building
Accessibility Ramp - Main Level
County CUMBERLAND
New Construction N
Property Type Commercial Sale
Possible Use Apartments Commercial Retail Professional Service Office
Water Access Y/N N
Status ACTIVE
Directions Take Route 11 into Downtown Shippensburg which becomes King Street. Property is on the corner of West King and South Morris Street.
City SHIPPENSBURG
Number Of Units Total 2
MLS Area Shippensburg Boro (14432)
Lot Size Units Square Feet
Lot Size Square Feet 23087.00
Tax Annual Amount 4556.0
Price Per Sq Ft Total AG 126.81
Acceptable Financing Cash Conventional
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active
Year Built Source Estimated
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Exterior
Lot Features Corner
Water Source Public
Inclusions Camera system.
Type of Parking Parking Lot
Foundation Details Block Stone
Water View Y/N N
Building Area Total 2760.00
Lot Size Acres 0.53
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 115500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 240
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* Excluded Features
List By
Wolfe & Company Realtors

Broker

awolfe@wolfecr.com

Email

Affordability Calculator

$2,535
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,155
Monthly Property Taxes
$380
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/20/2026$350,000 Listed Price

Map


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240 W King Street, Shippensburg, PA, 17257 is a Commercial Property for sale at $350,000 with 2,760 sqft and a lot size of 0.53. 240 W King Street was built in 1930. The property's zip code is 17257 which is in Shippensburg, PA