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Streetfront Retail Space
For Lease
$1,250/Mo

512 Broadway, Hanover, PA 17331

L-shaped commercial suite with large storefront windows and four included parking spaces.

Space SizeContact for details
Days on Market42

Property Features for 512 Broadway

General Information

Standard status Active

Building Details

Year Built 1900
Listing Agency: Foundation First Property Group
Listed By: Jeffrey S Wright
Source: Premierehomegroup
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 30 at 7:48PM

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 Foundation First Property Group

Investment Insights

Based on property information with market context.

This 1,410-square-foot first-floor storefront has an L-shaped layout, large full-size windows, and a high-ceiling basement available for additional storage or work space. The space is currently configured as a flooring showroom and has also operated as a hair salon. Retail, professional services, showroom, and specialty business uses are identified for the premises.

The property is located on a main road approximately 1/2 mile from the Hanover square. A shared 80' x 50' parking lot serves the commercial space, the upstairs residential apartment, and tenants at 514 Broadway; the lease includes four parking spaces. A residential apartment is directly above the suite, and the first-floor apartment next door at 514 Broadway is expected to be available in early April. Lease length is negotiable, with the tenant responsible for gas, electric, water, sewer, and trash.

Key Highlights

  • 1,410 SF first‑floor commercial storefront with an L‑shaped layout
  • Large full‑size storefront windows facing a main road
  • Four parking spaces included in the lease

Property Analytics

Current Use

The Floor Guys Plus General Contractor

Suggested Use

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

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
$0.39 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,515
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 98% Apparel 2%
Royal Farms Shops & Services
17,943 visits/mo 0.4 miles
Rutters Shops & Services
9,036 visits/mo 0.4 miles
Family Dollar Shops & Services
7,980 visits/mo 0.5 miles
Sunoco Shops & Services
1,578 visits/mo 0.1 miles
Clarks Outlet Apparel
874 visits/mo 0.4 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Pressell's Florist 100 Carlisle St, Hanover, PA 17331
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Frequently Asked Questions

What type of property is this?
Storefront property - L-shaped commercial suite with large storefront windows and four included parking spaces.
Where is this storefront property located?
The property is located at 512 Broadway Hanover, PA.
What is the lease rate?
The lease rate is $1,250/Mo.
What are key features of this property?
This property features: 1,410 SF first‑floor commercial storefront with an L‑shaped layout; Large full‑size storefront windows facing a main road; Four parking spaces included in the lease
More about this property
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