Turn-Key Automotive
719 Frederick St Hanover, PA 17331
For Sale
$365,000
Turn-key commercial garage with two large service bays, office space, and customer waiting area.
Property Size2,505 SF
Price / SF$145.71
Days on Market148
Property Features for 719 Frederick St
General Information
- Standard status
- Active
- Size
- 2,505 SF
Listing Agency:
Keller Williams Keystone Realty
(717) 319-3408
Listed By:
David E Monsour · License #AB068634
(717) 319-3408
Source:
Exprealty
Added: Feb 26
Changed: Jul 23
Last Checked: Jul 23 at 11:45AM
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.
Turn-key commercial garage offering two large service bays designed for repairs, inspections, or specialty automotive work. The interior layout includes a welcoming receptionist and customer waiting room, plus a separate office. Ample on-site parking supports both employee and customer access.
Located in the heart of Hanover, PA, the property benefits from downtown road frontage. Recent improvements include a new furnace and A/C unit installed in 2021, a new hot water heater in 2024, and a new roof installed in 2025.
Numerous items convey with the garage, including two lifts, a hydraulic press, a spring compressor, a transmission jack, a welder, floor jacks, work benches, furniture, electronics, appliances, and a security system, among other equipment.
Located in the heart of Hanover, PA, the property benefits from downtown road frontage. Recent improvements include a new furnace and A/C unit installed in 2021, a new hot water heater in 2024, and a new roof installed in 2025.
Numerous items convey with the garage, including two lifts, a hydraulic press, a spring compressor, a transmission jack, a welder, floor jacks, work benches, furniture, electronics, appliances, and a security system, among other equipment.
Key Highlights
- 2,505 sq. ft. commercial garage in Hanover, PA with two large service bays
- Includes receptionist and customer waiting room plus a separate office
- Ample parking for employees and customers and prime road frontage in downtown Hanover
Financial Insights For Retail
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 | $45.1k | $18.00 |
| − Vacancy | −$2.4k | −$0.95 |
| EGI | $42.7k | $17.05 |
| − OpEx | −$12.8k | −$5.11 |
| NOI | $29.9k | $11.93 |
2,505 SF · lease $18.00/SF/yr · vacancy 5.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$427.0K
$373.6K – $498.2K
NOI $29,890 @ 7.0% cap · market cap 8.19%
Second Best
Industrial
$208.8K
$182.7K – $243.6K
NOI $14,616 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$725.3K
$634.6K – $846.2K
NOI $50,770 @ 7.0% cap · market cap 13.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
JD Kustoms LLC
Auto Repair Shop
Mathias Garage
Auto Repair Shop
Smart Start Ignition ...
Building Supply
Similar Off Market Nearby
- Brothers Garage LLP — 741 Frederick St, Hanover, PA 17331
- JD Kustoms LLC — 719 Frederick St, Hanover, PA 17331
- Mathias Garage — 719 Frederick St, Hanover, PA 17331
- Crownstone Outdoor Power — 516 Frederick St, Hanover, PA 17331
- Tops by Paul — 328 Park Heights Blvd, Hanover, PA 17331
FAQs
What type of property is this?
Auto shop - Turn-key commercial garage with two large service bays, office space, and customer waiting area.
Where is this auto shop located?
The property is located at 719 Frederick St Hanover, PA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 2,505 sq. ft. commercial garage in Hanover, PA with two large service bays; Includes receptionist and customer waiting room plus a separate office; Ample parking for employees and customers and prime road frontage in downtown Hanover
