Shippensburg University Foundation selling large property

1 week ago

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SHIPPENSBURG, Pa. (WHTM) — The Shippensburg University Foundation has listed an approximately 14-acre, mixed-use property for sale.

The Shippensburg University Foundation has officially listed a 14.59-acre property, located at 273-275 North Queen Street, for sale for $2.3 million.

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According to the listing, this property, which is broken up into two parcels and/or tracts, is situated next to Shippensburg University and the Cumberland County Rail Trail. It’s important to note that of the 14.59 acres listed for sale, 6.79 acres are currently used as parking for students.

These students will need to vacate the lot after it is sold.

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Listing agent Bill Shearer of Shearer24 Real Estate says the zoning for the property would allow for a variety of uses, such as retail, commercial, or residential development; however, the Shippensburg University Foundation will not allow student housing to be constructed on the lot.

“Shippensburg University Foundation would consider a joint venture with a developer with the proper terms,” the listing description says.

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The Shippensburg University Foundation was founded in 1977 and works to support Shippensburg University through the Annual Fund and entrepreneurial outlook. They own and operate off-campus student housing, the Bartos Child and Family Center, and the Courtyard by Marriott.

abc27 has reached out to the Shippensburg University Foundation for additional information on this listing.

abc27 news will keep you updated as more information becomes available.

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1 week ago

0 1 minute read