Move-In Ready Medical Office
195 STOCK STREET #309 Hanover, PA 17331
New
For Sale
$159,900
Move-in ready office unit with reception, prep and recovery stations, a private surgical room, and patient bathroom.
Property Size971 SF
Price / SF$164.68
Days on Market6
Property Features for 195 STOCK STREET #309
General Information
- Standard status
- Active
- Size
- 971 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 19
Changed: Jul 23
Last Checked: Jul 23 at 3:33AM
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 move-in ready office unit is currently configured for medical office use and offers a dedicated general reception area with prep and recovery stations. The suite also includes a private surgical room, a patient bathroom, and a utility room, providing a functional layout for day-to-day clinical workflows.
The Eichelberger Building combines healthcare, professional services, and the arts, and includes a performing arts center within the property. The building provides more than 220 parking spaces, two elevators, and sheltered entrances for visitor accessibility.
The available offering is for office units, with the option for buyers to purchase individually or as a package.
The Eichelberger Building combines healthcare, professional services, and the arts, and includes a performing arts center within the property. The building provides more than 220 parking spaces, two elevators, and sheltered entrances for visitor accessibility.
The available offering is for office units, with the option for buyers to purchase individually or as a package.
Key Highlights
- Move‑in ready office unit currently used for medical office purposes
- Includes a general reception area with prep and recovery stations
- Private surgical room plus patient bathroom
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 | $8.5k | $8.76 |
| − Vacancy | −$476 | −$0.49 |
| EGI | $8.0k | $8.27 |
| − OpEx | −$3.2k | −$3.31 |
| NOI | $4.8k | $4.96 |
971 SF · lease $8.76/SF/yr · vacancy 5.60% · expense 40.00%
Alternative Uses
Best Use
Office B
$221.2K
$193.5K – $258.0K
NOI $15,481 @ 7.0% cap · market cap 9.68%
Second Best
Healthcare Medical
$68.8K
$60.2K – $80.3K
NOI $4,818 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$281.1K
$246.0K – $328.0K
NOI $19,680 @ 7.0% cap · market cap 12.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dr. Werleman & Associates
Dental Office
Donna J Brown
Physician
Brown Plus
Accounting Firm
Eichelberger Performing Arts ...
Theater & Performing Art Venue
Forbes Joy
Alternative Medicine Practice
Similar Off Market Nearby
- Hanover Veterinary Hospital — 323 Broadway, Hanover, PA 17331
FAQs
What type of property is this?
Medical Office Space - Move-in ready office unit with reception, prep and recovery stations, a private surgical room, and patient bathroom.
Where is this medical office space located?
The property is located at 195 STOCK STREET #309 Hanover, PA.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Move‑in ready office unit currently used for medical office purposes; Includes a general reception area with prep and recovery stations; Private surgical room plus patient bathroom
