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40 Lurgan Ave 98,000 SF 100% Leased Industrial Building Shippensburg, PA 17257 $2,000,000 ($20.41/SF)
Investment Highlights
- Located just off State Route 11 with easy access to Interstate 81 corridor, within 3.1 / 3.2 miles in opposite directions.
- Also close to Shippensburg University.
Executive Summary
Perfect opportunity to purchase industrial manufacturing building for re-development, with current in-place income to carry the property during the land development process.
Property Facts
| Price | $2,000,000 | Rentable Building Area | 98,000 SF |
| Price Per SF | $20.41 | No. Stories | 3 |
| Sale Type | Investment | Year Built | 1992 |
| Sale Condition | Redevelopment Project | Parking Ratio | 1.02/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 11’ |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 10 |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 7.58 AC | ||
| Zoning | I - Industrial | ||
| Price | $2,000,000 |
| Price Per SF | $20.41 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 7.58 AC |
| Rentable Building Area | 98,000 SF |
| No. Stories | 3 |
| Year Built | 1992 |
| Parking Ratio | 1.02/1,000 SF |
| Clear Ceiling Height | 11’ |
| No. Dock-High Doors/Loading | 10 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | I - Industrial |
Amenities
- 24 Hour Access
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 27-6B25-002-000000 | Improvements Assessment | $85,830 |
| Land Assessment | $18,750 | Total Assessment | $104,580 |
Property Taxes
Parcel Number
27-6B25-002-000000
Land Assessment
$18,750
Improvements Assessment
$85,830
Total Assessment
$104,580
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40 Lurgan Ave
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