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Citizens Bank: Shippensburg, PA 153 W Orange St

2,312 SF Retail Building Shippensburg, PA 17257 $561,154 CAD ($243 CAD/SF)

Investment Highlights

  • Visible from main street
  • Receive a buy-out from current bank tenant that has moved out.
  • Parking & worry free one level building

Executive Summary

HUGE REDUCTION! Prime location for a thriving business! Strategically positioned just one block from King St at the intersection of Morris and W Orange St. Featuring two restrooms and a convenient drive-up window. Ample lobby and office space available, complemented by 20 designated parking spaces. Bring a new business to Shippensburg! The bank has moved out but is still obligated to their lease until June 30, 2026. Current lease will transfer to new owner. The lease can be terminated with a settled upon buyout.

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $56,187 $24.30
Other Income - -
Vacancy Loss - -
Effective Gross Income $56,187 $24.30
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $56,187
Annual Per SF $24.30
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $56,187
Annual Per SF $24.30
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
2,312 SF
Building Class
B
Year Built
1979
Price
$561,154 CAD
Price Per SF
$243 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Land Acres
0.68 AC
Zoning
Commercial
Parking
15 Spaces (6.49 Spaces per 1,000 SF Leased)
Frontage
348 ft on W Orange & Morris St

Amenities

  • Corner Lot
  • Drive Thru
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
34-34-2417-130
Land Assessment
$207,678 CAD (2024)
Improvements Assessment
$464,421 CAD (2024)
Total Assessment
$672,099 CAD (2024)
  • Listing ID: 32271753

  • Date on Market: 2024-06-27

  • Last Updated:

  • Address: 153 W Orange St, Shippensburg, PA 17257

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