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303 Main St 3,456 SF Retail Building Shippenville, PA 16254 $250,000 ($72.34/SF)



Investment Highlights
- High-visibility one-acre corner at PA-208 and US-322 with combined traffic counts up to 8,600 vehicles per day.
- Includes former grocery store site, 20-car parking, adjacent rented residence, and three sewer taps supporting flexible commercial use.
Executive Summary
One acre of corner exposure at PA-208 and US-322 with PennDOT AADT up to 8,600 vehicles per day on US-322 and 3,000 vehicles per day on PA-208. These are AADT = Annual Average Daily Traffic (average vehicles per day).
US Route 322 (Main St):
8,600 vehicles per day on US-322 just east of Shippenville (toward Clarion)
3,600 vehicles per day on US-322 just west of Shippenville (toward Knox)
PA Route 208:
3,000 vehicles per day on PA-208 approaching into Shippenville (from the west)
2,700 vehicles per day on PA-208 north of town (after the split from US-322)
Formerly the beloved Shippenville Red & White grocery store, this high-visibility corner parcel offers a rare commercial footprint right in town. Next door is a separate three-bedroom, one full bath residence currently rented, adding immediate income potential or flexible on-site use.
The corner lot features a large gravel 20-car parking area plus on-street parking, making access easy for customers, tenants, and deliveries. Ideal for retail use. Includes three sewer taps.
US Route 322 (Main St):
8,600 vehicles per day on US-322 just east of Shippenville (toward Clarion)
3,600 vehicles per day on US-322 just west of Shippenville (toward Knox)
PA Route 208:
3,000 vehicles per day on PA-208 approaching into Shippenville (from the west)
2,700 vehicles per day on PA-208 north of town (after the split from US-322)
Formerly the beloved Shippenville Red & White grocery store, this high-visibility corner parcel offers a rare commercial footprint right in town. Next door is a separate three-bedroom, one full bath residence currently rented, adding immediate income potential or flexible on-site use.
The corner lot features a large gravel 20-car parking area plus on-street parking, making access easy for customers, tenants, and deliveries. Ideal for retail use. Includes three sewer taps.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,456 SF
Building Class
C
Year Built
1920
Price
$250,000
Price Per SF
$72.34
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.00 AC
Zoning
C1 - Commercial Business and Residential House
Parking
20 Spaces (5.79 Spaces per 1,000 SF Leased)
Frontage
132’ on Main Street
Amenities
- Corner Lot
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 029-001980 | Improvements Assessment | $169,200 (2026) |
| Land Assessment | $18,400 (2026) | Total Assessment | $187,600 (2026) |
Property Taxes
Parcel Number
029-001980
Land Assessment
$18,400 (2026)
Improvements Assessment
$169,200 (2026)
Total Assessment
$187,600 (2026)
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303 Main St
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