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3,402 sqft

$180,000

203 W KING STREET, CHAMBERSBURG PA, 17201

Price per sqft$52.91
Built in1900
Property size3,402 sqft
Property typeMulti-family

Overview

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Listed Jun 27, 2026

Updated 6 days ago

Unlock the potential of this exceptional commercial/residential investment property offering 3,402 square feet of opportunity. Whether you're looking to expand your investment portfolio, establish a business, or create multiple income-producing units, this versatile property is ready to bring your vision to life. 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!

$1,198/mo

Est. mortgage payment based on a $180,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PAFL2035754

Interior Features

Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.9 Acres

Other Property Details

Taxes
$3,390
Tax Frequency
Annually
MLS provider logo

Listed by Keller Williams Keystone Realty
Listing Contact: 7176813308 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/2/2026 at 4:20 AM UTC

 

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