16-18 King St W, Shippensburg, PA 17257

Property Description

Photos are in progress and to be uploaded. Over 15,000 square feet of versatile mixed-use space in the heart of downtown Shippensburg! 16-18 W King Street offers a substantial combination of storefront, commercial, office, and residential spaces, along Shippensburg's main downtown commercial corridor, with excellent visibility and the added benefit of on-site parking. With five commercial spaces and three residential apartments, opportunity exists through current rental income and additional income potential as available spaces are leased. The remaining available units are currently being marketed for lease. The street-level storefront, currently home to The Cumberland Shop, provides excellent visibility along King Street, while the additional commercial spaces are substantial in size, offer separate entrances, and provide a variety of layouts with potential for a range of business or professional uses. The residential component includes three apartments: one 3-bedroom, 2-bath unit and two 2-bedroom, 1-bath units. Residents also have access to a shared laundry area with two washers and two dryers. Property improvements have included updates to HVAC, plumbing, and electrical systems, along with kitchens and ADA-compliant bathrooms within the commercial spaces. Additional features include public water and sewer, separately metered utilities, 200-amp electric service to individual units, and 3-phase electric service. Located in downtown Shippensburg, the property benefits from its central King Street location, visibility, and convenient access to the surrounding Cumberland Valley, I-81, and Shippensburg University. With its substantial square footage, downtown location, on-site parking, mix of commercial and residential uses, established rental history, and additional leasing potential,16-18 W King Street offers a unique opportunity to acquire a significant mixed-use property in downtown Shippensburg.