Medical Office Suite with Exam
For Sale
$149,900
195 STOCK STREET #307A, Hanover, PA 17331
Suite includes two exam rooms and two offices within the Eichelberger Building.
Property Size923 SF
Price / SF$162.41
Days on Market106
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) 755-5599
Listed By:
Adam W Flinchbaugh · License #RS241100L
(717) 288-7766
Source:
Cummingsrealtors
Added: Jul 20
Changed: Nov 1
Last Checked: Nov 1 at 5:52AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$4,580
Cap Rate
3.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$91,600
$91.6K
Cap Rate 7%
$65,429
$65.4K
Cap Rate 9%
$50,889
$50.9K
Market Conditions
NOI Build-Up for 923 SF
Gross rent
$8.1K $8.76/SF
− Vacancy
−$453 −$0.49/SF
EGI
$7.6K $8.27/SF
− OpEx
−$3.1K −$3.31/SF
NOI
$4.6K $4.96/SF
Area
York County, PA
Vacancy
5.60%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$91,600
Cap Rate 7%
$65,429
Cap Rate 9%
$50,889
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.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,579
Businesses Nearby
Under-served
Demand for This Use
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
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
