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Historic Brick Storefront
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22 W CANAL STREET, Dover, PA 17315

Brick-and-vinyl commercial property with a private garage and on-street parking.

Property Size800 SF
Lot Size0.23 Acres
Price / SF$1.25
Days on Market51

Property Features for 22 W CANAL STREET

General Information

Standard status Active
Size 800 SF
Lot size 0.23 Acres
Property subtype Commercial

Building Details

Year Built 1890
Construction brick and vinyl siding
Listing Agency: Coldwell Banker Realty
Listed By: Priscilla R Gibson
Source: Cummingsrealtors
Added: Sep 3 Changed: Oct 21 Last Checked: Oct 23 at 10:20AM

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 Coldwell Banker Realty

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Investment Insights

Based on property information with market context.

This storefront property at 22 W Canal Street in Dover, Pennsylvania, occupies a 0.23-acre lot and dates to 1890. Brick and vinyl siding provide the exterior construction, while a private garage and on-street parking support day-to-day access.

The property is offered with a 12-month lease term beginning in September 2026. Its storefront format and existing parking features provide a straightforward commercial setting for an operating business, subject to applicable approvals and lease terms.

Key Highlights

  • 800 SF storefront property at 22 W Canal Street, Dover, PA 17315
  • 0.23‑acre lot
  • Built in 1890

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,546
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,920 $190.9K
Cap Rate 7%
$136,371 $136.4K
Cap Rate 9%
$106,067 $106.1K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$14.4K $18.00/SF
− Vacancy
−$763 −$0.95/SF
EGI
$13.6K $17.05/SF
− OpEx
−$4.1K −$5.11/SF
NOI
$9.5K $11.93/SF
Area
York County, PA
Vacancy
5.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,920
Cap Rate 7%
$136,371
Cap Rate 9%
$106,067

Alternative Uses

Best Use
Retail
$136.4K
$119.3K – $159.1K (±1% cap)
NOI $9,546 @ 7.0% cap · market cap 954.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$231.6K
$202.7K – $270.2K (±1% cap)
NOI $16,214 @ 7.0% cap · market cap 1,621.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Electrical Service Skin Care Clinic

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

266
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Rutters Shops & Services
12,368 visits/mo 0.3 miles

Demographics for 17315, PA

26,317
Population
11,442
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
92%
High-School Grad
58.1 sq mi
ZIP Area
453
Density / Sq Mi
$81,058
Median Household Income
$47,933
Median Earnings
$1,189
Median Rent
$222,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Brick-and-vinyl commercial property with a private garage and on-street parking.
Where is this storefront property located?
The property is located at 22 W CANAL STREET Dover, PA.
What are key features of this property?
This property features: 800 SF storefront property at 22 W Canal Street, Dover, PA 17315; 0.23‑acre lot; Built in 1890
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