Medical Office Suite with Exam
195 STOCK STREET #307A Hanover, PA 17331
For Sale
$149,900
Suite includes two exam rooms and two offices within the Eichelberger Building.
Property Size923 SF
Price / SF$162.41
Days on Market18
Property Features for 195 STOCK STREET #307A
General Information
Standard status
Active
Size
923 SF
Property subtype
Commercial
Building Details
Year Built
1896
Listing Agency:
Keller Williams Keystone Realty
(717) 288-7766
Listed By:
Adam W Flinchbaugh
(717) 288-7766
Source:
Cummingsrealtors
Added: Jul 13
Changed: Jul 29
Last Checked: Jul 30 at 5:51AM
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 Keller Williams Keystone Realty
Investment Insights
Based on property information with market context.
This medical office suite is configured with two exam rooms and two offices, offering a practical layout for a healthcare practice or professional services operation. The unit is part of the Eichelberger Building, which brings together healthcare and other office uses in a single multi-unit facility.
The building features two elevators and sheltered entrances for visitor accessibility, supported by more than 220 parking spaces. Units can be purchased individually or as part of a package, providing flexibility for buyers looking to add to an existing portfolio.
The suite’s interior build-out supports patient-facing rooms alongside dedicated office space, making it a straightforward option for organizations needing both examination and administrative areas.
The building features two elevators and sheltered entrances for visitor accessibility, supported by more than 220 parking spaces. Units can be purchased individually or as part of a package, providing flexibility for buyers looking to add to an existing portfolio.
The suite’s interior build-out supports patient-facing rooms alongside dedicated office space, making it a straightforward option for organizations needing both examination and administrative areas.
Key Highlights
- Suite in the Eichelberger Building includes two exam rooms and two offices
- Year built: 1896
- Eichelberger Building has over 220 parking spaces
Financial Insights For Healthcare Medical
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 | $8.1k | $8.76 |
| − Vacancy | −$453 | −$0.49 |
| EGI | $7.6k | $8.27 |
| − OpEx | −$3.1k | −$3.31 |
| NOI | $4.6k | $4.96 |
923 SF · lease $8.76/SF/yr · vacancy 5.60% · expense 40.00%
Alternative Uses
Best Use
Office B
$210.2K
$183.9K – $245.3K
NOI $14,715 @ 7.0% cap · market cap 9.82%
Second Best
Healthcare Medical
$65.4K
$57.3K – $76.3K
NOI $4,580 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$267.2K
$233.8K – $311.8K
NOI $18,707 @ 7.0% cap · market cap 12.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Hanover Veterinary Hospital — 323 Broadway, Hanover, PA 17331
Frequently Asked Questions
What type of property is this?
Medical Office Space - Suite includes two exam rooms and two offices within the Eichelberger Building.
Where is this medical office space located?
The property is located at 195 STOCK STREET #307A Hanover, PA.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Suite in the Eichelberger Building includes two exam rooms and two offices; Year built: 1896; Eichelberger Building has over 220 parking spaces
