Listing Agency: BHHS Homesale Realty

Listed By: Bill Shanbarger · License #PA 5000255

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 10:29AM

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Investment Insights

Based on property information with market context.

This mixed-use commercial property at 1304 Baltimore St in Hanover, PA 17331 is currently fully leased. The existing lease runs through October 2023 and includes a 2–5 year renewal option, providing defined lease terms for prospective ownership review.

Key Highlights

• Fully leased commercial property
• Lease term runs through October 2023
• 2–5 year option to renew

Property Analytics

Property Profile

Current Use

Hanover Optometric Associates Physician Ann L. Stambach, ... Physician MyEyeDr. (Bike/Boat/Book/etc) Store Thomas Passarelli, OD Physician

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Big Box & Wholesale Store Hair Salon Accounting Firm

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

Location Intelligence

Trade Area within ½ mile

443

Businesses Nearby

Explore this area Business Placement

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 Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Mixed-use commercial property with an existing lease and renewal options.

Where is this mixed-use property located?

The property is located at 1304 Baltimore St Hanover, PA.

What are key features of this property?

This property features: Fully leased commercial property; Lease term runs through October 2023; 2–5 year option to renew