Mixed-Use Commercial
For Sale
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308 W Governor Rd, Hershey, PA 17033
Mixed-use zoning supports retail, office, medical, restaurant, and banking uses.
Property SizeContact for details
Days on Market144
Property Features for 308 W Governor Rd
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Realty Management Associates LLC
Listed By:
Todd Decker · License #PA RS296210
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 3:28PM
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 Realty Management Associates LLC
Investment Insights
Based on property information with market context.
This 7.2 +/- acre commercial land parcel is positioned for retail, office, medical, restaurant, and banking development within the Hershey Mixed Use zoning area. A preliminary land development plan has been presented and approved by local township authorities, with variance requests included. The plan identifies a 27,285 s.f. retail, commercial, and office footprint, a 7,400 s.f. medical or professional office component, and 2AC designated for Sheetz.
The property has frontage along Governor and Fishburn Roads and is less than one block from the Penn State Hershey Medical Center Campus. Traffic volumes are reported at 20K plus, while improvements to PA Rt. 322, including additional turning lanes, are in progress. Existing nearby commercial context includes Hershey Square shopping center to the west, Hershey Outlets to the north, and a newer retail complex in downtown Hershey. Multifamily use may be pursued with special exception approval.
The property has frontage along Governor and Fishburn Roads and is less than one block from the Penn State Hershey Medical Center Campus. Traffic volumes are reported at 20K plus, while improvements to PA Rt. 322, including additional turning lanes, are in progress. Existing nearby commercial context includes Hershey Square shopping center to the west, Hershey Outlets to the north, and a newer retail complex in downtown Hershey. Multifamily use may be pursued with special exception approval.
Key Highlights
- 7.2 +/- acres of commercial land in the Hershey Mixed Use zoning area
- Frontage along Governor and Fishburn Roads
- Less than one block from the Penn State Hershey Medical Center Campus
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Explore this area
Business Placement
Demographics for 17033, PA
16,414
Population
6,733
Households
2.4
Avg Household Size
40
Median Age
46%
College-Educated
90%
High-School Grad
27.4 sq mi
ZIP Area
599
Density / Sq Mi
$75,093
Median Household Income
$49,389
Median Earnings
$1,311
Median Rent
$340,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Mixed-use zoning supports retail, office, medical, restaurant, and banking uses.
Where is this commercial land located?
The property is located at 308 W Governor Rd Hershey, PA.
What are key features of this property?
This property features: 7.2 +/- acres of commercial land in the Hershey Mixed Use zoning area; Frontage along Governor and Fishburn Roads; Less than one block from the Penn State Hershey Medical Center Campus
