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487 E King St 5,000 SF 100% Leased Retail Building Shippensburg, PA 17257 $1,350,000 ($270/SF)
Investment Highlights
- Establish Restaurant Location for 65+Years
- Residential Growth Nearby
- University Town
Executive Summary
Real Estate & Diner Business ALL Inclusive
Property Highlights: Building Size: 5,000 sq. ft.; Lot Size: 1 acre (two parcels); Zoning: Flexible commercial use (restaurant, retail, mixed use, redevelopment potential); Parking: On-site customer and staff parking; Residential Component: Potential for home rental income of $2,500–$3,000/month; Location: High-traffic area with strong visibility and easy accessibility.
Diner business is included in the real estate sale. All the Diner's Equipment and Furnishings will convey .
Grossing $14K per week
Property Highlights: Building Size: 5,000 sq. ft.; Lot Size: 1 acre (two parcels); Zoning: Flexible commercial use (restaurant, retail, mixed use, redevelopment potential); Parking: On-site customer and staff parking; Residential Component: Potential for home rental income of $2,500–$3,000/month; Location: High-traffic area with strong visibility and easy accessibility.
Diner business is included in the real estate sale. All the Diner's Equipment and Furnishings will convey .
Grossing $14K per week
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Building Class
B
Year Built/Renovated
1960/2020
Price
$1,350,000
Price Per SF
$270
Percent Leased
100%
Building Height
1 Story
Building FAR
0.11
Lot Size
1.00 AC
Zoning
Commercial - C zoning generally refers to commercial zoning, which allows for various business activities such as retail stores, offices, and services.
Frontage
112’ on King St
Amenities
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 32-33-1869-059 | Improvements Assessment | $294,000 |
| Land Assessment | $81,000 | Total Assessment | $375,000 |
Property Taxes
Parcel Number
32-33-1869-059
Land Assessment
$81,000
Improvements Assessment
$294,000
Total Assessment
$375,000
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487 E King St
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