203 W KING ST Chambersburg, PA 17201
3,402 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,402 sqft
Price per Sqft $58
Subdivision Chambersburg Borough
MLS Listing ID PAFL2035754
Style Colonial
Abv Grd Liv Area 3,402
Year Built 1900
Annual Tax Amount $3,390
Tax Year 2025
Lot Size 0.900 Acres
Acres 0.9
Property Sub-Type Detached
Source BRIGHT
Property Description
Formerly operating as a neighborhood bar and tavern, the property features two separate addresses and two separate electric meter boxes, providing flexibility for a variety of commercial and residential uses (subject to Borough approval). The possibilities are endless—from continuing a commercial operation to converting the space into additional residential units or creating a live-work investment.
The second-floor apartment is currently tenant occupied, generating $1,300 per month in rental income, with the tenant paying all utilities. This provides immediate cash flow while you plan your next investment move.
The expansive main level offers tremendous redevelopment potential. The existing layout could easily be transformed into a 1-bedroom efficiency apartment for quick rental income or reconfigured into a spacious 3-bedroom apartment, creating an additional revenue stream. Investors will appreciate the flexibility to maximize the property's earning potential while taking advantage of its generous footprint.
Major capital improvements have already been completed, helping minimize future expenses. A new heating system was installed in the upstairs apartment in 2025, and the roof was completely replaced in June 2026, providing peace of mind and adding long-term value.
Adding even more value, the sale includes all commercial coolers, refrigerators, and a commercial sink, making it more ideal for buyers.
Whether you're a seasoned investor searching for your next income-producing asset, an entrepreneur seeking a flexible commercial space, or a buyer looking to capitalize on redevelopment opportunities, this property offers exceptional value, multiple income possibilities, and the foundation for long-term success.
Don't miss this rare opportunity to own a versatile mixed-use property with immediate rental income, significant upside potential, and countless possibilities for future growth. Schedule your private tour today!
Location
State PA
County Franklin
Area Chambersburg Boro (14502)
Zoning RESIDENTIAL/COMMERCIAL
Rooms
Basement Unfinished
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Central A/C, Window Unit(s)
Inclusions All coolers, refrigerators, and a commercial sink.
Fireplace N
Heat Source Electric
Exterior
Water Access N
Roof Type Shingle
Accessibility Ramp - Main Level
Garage N
Building
Foundation Other
Above Ground Finished SqFt 3402
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Chambersburg Area
School District Chambersburg Area
Others
Tax ID 05-1B56.-033.-000000
Ownership Fee Simple
SqFt Source 3402
Special Listing Condition Standard
