11.97 AC Mixed-Use Development Near Shippensburg University

Asper Drive and Chestnut Drive, Shippensburg, PA 17257

Property Information

  • For Sale $1,496,250
  • Property Type VacantLand
  • Lot Size 11.97 Acre
  • Date Updated Sep 24, 2026

Description

Situated within close proximity to Route 11 and Interstate 81, and along the busy I-81 corridor connecting Chambersburg, Carlisle, Harrisburg, and Hagerstown, MD, this prime location offers an opportunity for multifamily or commercial development. The surrounding area boasts a thriving mix of commercial and residential developments, fostering a growing consumer base. Nearby points of interest include Shippensburg Township Park, the new Parx Casino, Shippensburg University, H. Ric Luhrs Performing Arts Center, and vibrant retail centers, creating an attractive destination for future tenants or customers.Explore the potential of this prime property located in Shippensburg, ranked 15th out of 1,722 PA cities and towns by BestPlaces.net. The 11.97 AC parcel offers a unique opportunity for multifamily and commercial development. The gently rolling site is ready for development and will benefit from the planned Dykeman Road Extension that will bring additional traffic to Baltimore Rd. The site is nestled between commercial and residential development, and provides an investment opportunity with great financial potential in a growing community.

Highlights

  • 11.97 AC of unimproved land near existing retail and residential
  • Close to Shippensburg University
  • Enjoys Borough and Township benefits: water/sewer; state police/fire; lower taxes
  • Ideal for multifamily and commercial development
  • Strategic location near upcoming road improvements for better traffic flow

Contacts

Location

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