NOT LISTED FOR SALE

Estimated Value: $594,503

Studio
-- Bath
5,812 Sq Ft
$102/Sq Ft Est. Value

Sale Details

Date Sold: August 6, 2025

Last sale price $580,000 $100 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,865 / mo

109 Days on Market

Highlights

  • Greenhouse
  • Deck
  • Window Unit Cooling System
  • Colonial Architecture
  • Multiple Balconies
  • Hot Water Heating System

About This Home

As of August 2025

Step into the heart of Shippensburg with this exceptional commercial property, rich in local history and limitless potential. Nestled on King Street—Shippensburg’s vibrant main thoroughfare—this almost 6,000 sq ft property has been a cornerstone of the community for nearly three decades, housing the beloved Victoria Corner Flowers and Gifts, and later the Raspberry Jam Gift Shop.
The main floor boasts approximately 3,000 sq ft of highly versatile retail space, ideal for a variety of business ventures. Some of the features include:
-A built-in garage, perfect for truck access or additional storage.
-A spacious walk-in cooler, suited for food (or floral) preservation.
-A former enclosed greenhouse, ripe for transformation into a stunning "Parisian-style" café, event room, or unique retail space, complete with office areas at the rear.
-Convenient off-street parking at the back of the property, ensuring ease for both tenants and customers. Whether you dream of opening a bakery, coffee shop, pizza parlor, beauty salon, an inviting restaurant, or another venue, this space offers the flexibility to bring your vision to life. The potential for subdividing the main floor also creates opportunities for multiple income streams.
Above the commercial space are three fully occupied apartments, currently generating significant income:
Apartment A: 2 bedrooms, 1 bath. Apartments B & C: 1 bedroom, 1 bath each. All with private balconies that showcase stunning views of the valley and Shippensburg University’s iconic Old Main.
Lovingly owned and meticulously maintained by the same seller for 30 years, this property reflects a deep pride of ownership. Extensive updates and thoughtful care throughout the years ensure a seamless transition for the new owner, offering peace of mind and confidence in the property’s quality.
-A brand-new roof installed in 2024, ensuring low-maintenance ownership.
-Efficient natural gas heating, with a newer furnace, updated plumbing and water heater.
-A full basement with a concrete pad, offering extensive storage or inventory space.
-All rental units in the building have been carefully cared for and are in excellent condition, thanks to the owner’s dedication to upkeep.
Conveniently located near RT11, I81 and within walking distance of Shippensburg University, this property is perfectly positioned to attract students, locals, and visitors alike. This property is ready to support your business dreams and offers incredible versatility as a commercial and residential investment. Don’t miss this rare opportunity - schedule your showing today and envision the future of your business in this remarkable space!

Last Agent to Sell the Property

Anna Wells

(717) 267-3222 awells@homesale.com Berkshire Hathaway HomeServices Homesale Realty Listed on: 01/23/2025

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Anna Wells

(717) 267-3222 awells@homesale.com Berkshire Hathaway HomeServices Homesale Realty Listed on: 01/23/2025

Berkshire Hathaway HomeServices Homesale Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,536

Year Built

  • Built in 1900

Lot Details

  • 11,326 Sq Ft Lot

Home Design

  • 5,812 Sq Ft Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Rubber Roof
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Parking

  • 20 Car Garage
  • 20 Open Parking Spaces
  • Parking Lot

Outdoor Features

  • Multiple Balconies
  • Deck
  • Greenhouse

Schools

  • Shippensburg Area High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 33-33-1867-065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,536

Year Built

Built in 1900

Lot Details

0.26 Acres

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 5812
  • Living Area Sq Ft: 5812
  • Price Per Sq Ft: 105.82
  • Above Grade Finished Sq Ft: 5812
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Garage(s), Greenhouse
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Metal, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 20
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 20

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent
  • High School: SHIPPENSBURG AREA

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11326.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s)
  • Zoning: NEIGHBORHOOD COMMERCIAL

Rental Info

  • Existing Lease Type: Yearly
  • Vacation Rental: No

Tax Info

  • School Tax: 4630.00
  • Tax Annual Amount: 6536.00
  • Assessor Parcel Number: 33-33-1867-065
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: SHIPPENSBURG AREA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2025
Closed on
Aug 6, 2025
Sold by
Bought by
Seller's Agent
Anna Wells
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Anna Wells
Berkshire Hathaway HomeServices Homesale Realty
List Price
$650,000
Sold Price
$580,000
Premium/Discount to List
-$70,000
-10.77%
Views
90
Current Estimated Value
$594,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,503
Avg. Annual Appreciation
2.50%
Original Mortgage
$290,000
Outstanding Balance
$287,131
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$307,372
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$580,000 Homesale Settlement Services
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $290,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/06/2025 08/06/25 Sold $580,000 -5.7% $100 / Sq Ft
05/12/2025 05/12/25 Pending -- -- --
04/01/2025 04/01/25 Price Changed $615,000 -5.4% $106 / Sq Ft
01/23/2025 01/23/25 For Sale $650,000 -- $112 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $7,179 $343,400 $68,100 $275,300
2025 $6,960 $343,400 $68,100 $275,300
2024 $6,659 $343,400 $68,100 $275,300
2023 $6,238 $343,400 $68,100 $275,300
2022 $6,052 $343,400 $68,100 $275,300
2021 $5,993 $343,400 $68,100 $275,300
2020 $5,927 $343,400 $68,100 $275,300
2019 $5,931 $343,400 $68,100 $275,300
2018 $5,656 $343,400 $68,100 $275,300
2017 $5,553 $343,400 $68,100 $275,300
2016 -- $343,400 $68,100 $275,300
2015 -- $343,400 $68,100 $275,300
2014 -- $343,400 $68,100 $275,300
Source: Public Records

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Map

Source: Bright MLS

MLS Number: PACB2038582

Bright MLS

APN: 33-33-1867-065

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