Freestanding Auto Dealership
1171 Eichelberger St Hanover, PA 17331
1171 Eichelberger St, Hanover, PA, 17331
Contact for pricing
For Sale
Contact for pricing
Former auto dealership with large open interior spans and ceiling heights over 16 feet.
Property Size11,300 SF
Lot Size2.04 Acres
Price / SF$194.69
Days on Market35
Property Features for 1171 Eichelberger St
General Information
- Standard status
- Active
- Size
- 11,300 SF
- Lot size
- 2.04 Acres
- Property subtype
- Retail
Listing agency
Bennett Williams Commercial
(717) 683-0989
Listed by
Connor Spahr · License #RS382338
Source
Crexi
Added: Jun 17 Updated: Jul 21 at 12:23PM Checked: Jul 21 at 12:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bennett Williams Commercial
Investment Insights
Based on property information with market context.
This freestanding, fully improved former auto dealership includes a large showroom and service-oriented interior with ceiling heights reaching over 16 feet. The offering is comprised of two parcels: the improved dealership building and an additional parcel that is predominantly impervious surface and fully developable, offering room for expanded parking, additional structures, or phased development. The second parcel also includes an existing billboard that generates monthly income.
Located along Eichelberger Street in Hanover, York County, the property is positioned for connectivity to Route 30 and Route 94 and provides convenient access to the South-Central Pennsylvania market. The site is also described as being just around the corner from Eisenhower Drive, Hanover’s primary retail corridor.
With dual-parcel flexibility and an automotive-optimized interior configuration, the property is described as well-suited for continued automotive use as well as adaptive reuse for a range of owner-user or service-oriented businesses.
Located along Eichelberger Street in Hanover, York County, the property is positioned for connectivity to Route 30 and Route 94 and provides convenient access to the South-Central Pennsylvania market. The site is also described as being just around the corner from Eisenhower Drive, Hanover’s primary retail corridor.
With dual-parcel flexibility and an automotive-optimized interior configuration, the property is described as well-suited for continued automotive use as well as adaptive reuse for a range of owner-user or service-oriented businesses.
Key Highlights
- 11,300 SF former auto dealership building with large open interior spans and ceiling heights over 16 ft
- Two‑parcel offering totaling 2.04 acres, including land described as predominantly impervious and fully developable
- Second parcel includes an existing billboard generating monthly income
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $203.4k | $18.00 |
| − Vacancy | −$10.8k | −$0.95 |
| EGI | $192.6k | $17.05 |
| − OpEx | −$57.8k | −$5.11 |
| NOI | $134.8k | $11.93 |
11,300 SF · lease $18.00/SF/yr · vacancy 5.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.93M
$1.69M – $2.25M
NOI $134,834 @ 7.0% cap · market cap 6.13%
Second Best
Industrial
$941.9K
$824.2K – $1.10M
NOI $65,934 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$3.27M
$2.86M – $3.82M
NOI $229,022 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Performance Motors of Hanover
Car Dealership
Similar For Sale Nearby
Similar Off Market Nearby
- Meineke Car Care Center — 1125 Carlisle St, Hanover, PA 17331
- Hanover Truck & RV Collision & Repair Center — 1083 Carlisle St, Hanover, PA 17331
- Goodyear — 1110-1126 Carlisle St, Hanover, PA 17331
- Monro Auto Service And Tire Centers — 5 Kuhn Dr, Hanover, PA 17331
- Hanover Collision Center — 140 Dart Dr, Hanover, PA 17331
FAQs
What type of property is this?
Auto shop - Former auto dealership with large open interior spans and ceiling heights over 16 feet.
Where is this auto shop located?
The property is located at 1171 Eichelberger St Hanover, PA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 11,300 SF former auto dealership building with large open interior spans and ceiling heights over 16 ft; Two‑parcel offering totaling 2.04 acres, including land described as predominantly impervious and fully developable; Second parcel includes an existing billboard generating monthly income
