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Brick Mixed-Use Building
For Sale
Under Contract
$425,000

318 CARLISLE Street, Hanover, PA 17331

MULTI_FAMILY - Other - HANOVER, PA

Property Size6,891 SF
Lot Size0.33 Acres
Price / SF$61.67
Days on Market73

Property Features for 318 CARLISLE Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Parking Lot
Elementary school district HANOVER PUBLIC
Middle school district HANOVER PUBLIC
High school district HANOVER PUBLIC
Standard status Active Under Contract
Size 6,891 SF
Lot size 0.33 Acres

Taxes and HOA fees

Tax Annual Amount 5559

Utilities

Heating system Hot Water(Heating), Baseboard

Building Details

Year built 1932
Number of units 3
Building materials Block, Brick
Architectural style Other
Listing Agency: Iron Valley Real Estate Hanover
Listed By: Kimberly B. Burton · License #RS314051
Added: May 21 Changed: Jul 13 Last Checked: Aug 1 at 2:06PM
MLS# PAYK2103964

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This all-brick mixed-use building includes one retail storefront on the lower level and two residential apartments above. Each apartment is described as having two bedrooms, and the units are noted to feature hardwood flooring and vintage character. One apartment is currently rented, and the other unit presents availability for either additional rental income or owner-occupancy.

The property is located at 318 CARLISLE Street in Hanover, Pennsylvania, in York County. The listing also highlights a private parking lot for added convenience for both commercial and residential use.

With retail space below and apartments above, the building offers a straightforward live-and-work or income-oriented configuration within a downtown Hanover setting, supported by the presence of an existing leased storefront.

Key Highlights

  • All‑brick mixed‑use building built in 1932 with block and brick construction
  • Lower level includes 1 retail storefront currently leased
  • Upper level has 2 residential apartments, each with 2 bedrooms

Property Analytics

Current Use

Liberty Restoration & Construction Hardware & Home Improvement Tony's Pools & Spas General Contractor

Suggested Use

Top Pick Catering Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Veterinary Clinic Clothing & Fashion Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

709
Businesses Nearby

Demographics for 17331, PA

55,458
Population
23,528
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
90%
High-School Grad
74.4 sq mi
ZIP Area
745
Density / Sq Mi
$76,661
Median Household Income
$45,168
Median Earnings
$1,127
Median Rent
$228,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - All-brick mixed-use building with a leased retail storefront and two second-floor two-bedroom apartments.
Where is this mixed-use property located?
The property is located at 318 CARLISLE Street Hanover, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: All‑brick mixed‑use building built in 1932 with block and brick construction; Lower level includes 1 retail storefront currently leased; Upper level has 2 residential apartments, each with 2 bedrooms
More about this property
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