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$445,000

  • For Sale
  • Active
  • Commercial Service
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Excellent location for this well maintained commercial property. Features fully rented units. Commercial office leased at $1,750/mo through October, 2027. The 1 BR rental is on month to month lease and rents for $900/mo. Exceptional commercial lot with .49 acre featuring ample parking, visibility and an ingress/egress, on King St, Richwalter, and the rear alley. Landlord pays following utilities: Average Elec $150-$200/mo. Average gas: $125/mo. W/S/T : $230-$250/qt. Don't pass up this great investment opportunity! .

Full Property Details for 494 E King St

General

  • Price: $445,000
  • Taxes: $2,205 (2024)
  • Status: Active
  • Type: Commercial Service
  • Source: BrightMLSPhilly
  • MLS ID: PACB2051856
  • Updated: 8/22/2026
  • Added to Site: 191 day(s) ago

Business

  • Business Type: Professional

Interior

  • Flooring: Luxury Vinyl Plank, Carpet

Parking

  • Total Spaces: 12
  • Parking Type: Parking Lot

Location

  • Area: Shippensburg Boro (14432)
  • Municipality: SHIPPENSBURG BORO
  • County: CUMBERLAND
  • Driving Directions: Corner of East King Street and Richwalter.

School Information

  • High School: Shippensburg Area

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump - Gas BackUp, Radiator
  • Heating Fuel: Electric, Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV Available, Cable TV, Natural Gas Available, Phone Available

Structural Information

  • Construction: Vinyl Siding
  • Roof: Composite
  • Building Size: 2026
  • Year Built: 1930
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.49
  • Lot Size (Sq. Ft.): 21,344
  • Lot Size Source: Assessor
  • Zoning: C1
  • Lot Description: Corner, Road Frontage

Financial Considerations

  • Price Per Sq. Ft.: $219.64
  • Assessment Year: 2024
  • School Tax: $1,555
  • City/TownTax: $353
  • City/TownTax Freq: Annually
  • County Tax: $295
  • County Tax Freq: Annually
  • Tax w/Assessment: $110,000
  • Tax Amount: $2,205
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Berkshire Hathaway HomeServices Homesale Realty, John Dyson and Berkshire Hathaway HomeServices Homesale Realty, Joshua Joseph Ragno

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Listing agents

— 494 E King St —

  • John Dyson

    Berkshire Hathaway HomeServices Homesale Realty

  • Joshua Joseph Ragno

    Berkshire Hathaway HomeServices Homesale Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 494 E King St

School District:Shippensburg Area School District
NameGradesDistance
James Burd El School
600 Brad Street, Shippensburg, PA 17257
K-30.4 mi
Shippensburg Intrm School
601 Hollar Avenue, Shippensburg, PA 17257
4-50.6 mi
Shippensburg Area Middle School
101 Park Place, Shippensburg, PA 17257
6-82 mi
Shippensburg Area Senior High School
201 Eberly Drive, Shippensburg, PA 17257
9-122.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 494 E King St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/15/2026
Price Reduced
$445,000
-6.32%
MLS
3/21/2026
Listed
$475,000
280%
MLS
4/01/2021
Sold
$125,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 494 E King St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,300
3%
$110,000
—
2025
$2,230
5%
$110,000
—
2024
$2,133
7%
$110,000
—
2022
$1,998
3%
$110,000
—
2022
$1,939
1%
$110,000
—
2021
$1,920
1%
$110,000
—
2020
$1,899
—
$110,000
—
2019
$1,900
5%
$110,000
—
2018
$1,812
2%
$110,000
—
2017
$1,779
1%
$110,000
—
2016
$1,761
2%
$110,000
—
2015
$1,731
3%
$110,000
—
2014
$1,687
—
$110,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 494 E King St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

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NMLS#: 1598647

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Listed by Berkshire Hathaway HomeServices Homesale Realty, John Dyson and Berkshire Hathaway HomeServices Homesale Realty, Joshua Joseph Ragno

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494 E King Street, Shippensburg, PA 17257 (MLS# PACB2051856) is a Commercial Service property. 494 E King Street is currently listed for $445,000 and was received on March 21, 2026. Want to learn more about 494 E King Street? Do you have questions about finding other Commercial Service real estate for sale in Shippensburg? You can browse all Shippensburg real estate or contact a Coldwell Banker agent to request more information.

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