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Retail and Office Building
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38 - 40 Broadway, Hanover, PA 17331

24,255 SF retail and office building in Hanover, Pennsylvania.

Space Size2,000 SF
Property Size24,255 SF
Days on Market2028

Property Features for 38 - 40 Broadway

General Information

Standard status Active
Size 2,000 SF
Property subtype Retail, Office

Building Details

Building Size 24,255 SF
Tenancy Multiple

Spaces For Lease

at 38 - 40 Broadway Contact us

Space 3

Size
2,000 SF
Type
Office, Retail
Availability
Active
Contact us
Listing Agency: Bennett Williams Commercial
Listed By: Ryan Myers, CCIM · License #PA RS217452L
Source: Crexi
Added: Feb 8, 2021 Changed: Aug 27 Last Checked: Aug 28 at 10:52AM

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 Bennett Williams Commercial

Investment Insights

Based on property information with market context.

The property is a 24,255 square foot retail and office building centrally located in Hanover, Pennsylvania, situated at the signalized intersection of Broadway, York Street, and Railroad Street. Broadway experiences 11,000 cars per day. The building has three floors. The first floor is occupied by Oak Artisan Cookery and Fat Bat Brewing. The second floor is partially occupied by Hanover Golf Loft and Woodland Development, Inc. Approximately 2,000 square feet of office/retail space is available on the second floor, accessible by elevator. This space is in shell condition, featuring hardwood floors and large windows. The third floor offers approximately 2,500 square feet but is not accessible by elevator. Parking is available on-street and at the municipal lot to the rear of the building.

Key Highlights

  • Centrally located in Hanover, PA at a signalized intersection with high traffic (11,000 CPD).
  • Anchored by established tenants: Oak Artisan Cookery and Fat Bat Brewing.
  • Elevator‑accessible 2,000 sq ft of shell space on the second floor with hardwood floors and large windows.**

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Catering Service (Bike/Boat/Book/etc) Store Veterinary Clinic Clothing & Fashion Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,612
Businesses Nearby

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

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - 24,255 SF retail and office building in Hanover, Pennsylvania.
Where is this retail space located?
The property is located at 38 - 40 Broadway Hanover, PA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Centrally located in Hanover, PA at a signalized intersection with high traffic (11,000 CPD).; Anchored by established tenants: Oak Artisan Cookery and Fat Bat Brewing.; Elevator‑accessible 2,000 sq ft of shell space on the second floor with hardwood floors and large windows.**
(717) 683-0989 Call to check price and availability
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