Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1401 York St Hanover, PA 17331

    For Sale
    $7,450,000

    62,024 SF Office, Mixed-Use, Vacant

    Property size:
    62,024 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A office building, constructed in 2014, presents a unique investment opportunity in Hanover, Pennsylvania. Spanning 62,024 square feet across three stories, this single-unit property sits on a generous 7.385-acre lot zoned for industrial use. The building features 38 private offices, multiple conference and meeting rooms, and eight restrooms. A significant highlight is an 11,000-square-foot test kitchen and prototype/simulation area, ideal for research and development or similar uses. Additionally, there's over 10,000 square feet of unfinished space offering considerable expansion potential. A fully equipped, separately accessed medical office suite is also included. The property's versatile design caters to various uses, including traditional office, executive office, medical office, multi-tenant occupancy, or light manufacturing. The asking price is $7,450,000. The property's APN is 44-000-DE-0095-00-00000. Located at 1401 York St, Hanover, PA 17331, this prime location offers easy access to major transportation routes and thriving industries. This is a rare opportunity to acquire a high-quality, versatile commercial property in a desirable location.

    Property Features for 1401 York St

    General Information

    Property type
    Medical offices
    Square Feet
    62,024 SF
    Class
    A
    Lot Size
    321,691 SF

    Building Details

    Year Built
    2014
    Buildings
    1
    Stories
    3
    Units
    1

    HighLights

    • Class A office building, 62,024 square feet, built in 2014.
    • Located on a 7.385‑acre lot zoned for industrial use in Hanover, PA.
    • Features 38 private offices, multiple conference rooms, eight restrooms, and an 11,000‑square‑foot test kitchen.
    • Includes over 10,000 square feet of unfinished space and a separately accessed medical office suite.
    • Asking price: $7,450,000; APN: 44‑000‑DE‑0095‑00‑00000; Address: 1401 York St, Hanover, PA 17331.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    York
    State
    Pennsylvania
    Longitude
    -76.9478584
    Latitude
    39.8057587

    Nearby Similar for Sale

    • $359,900
      0.30 Acres

      Charming Commercial Property in Hanover

      High-traffic commercial property with charm and character in Hanover, PA.
      249 York St, Hanover, PA 17331
      View Details
    • $240,000
      1,992 SF

      Brick Duplex with Garage

      Two-unit home with income potential and detached two-car garage.
      138-138 Pleasant St, Hanover, PA 17331
      View Details
    • $317,500
      0.14 Acres

      Commercial Property in Downtown Hanover

      4,000 SF commercial property in Hanover's business district.
      209 Broadway, Hanover, PA 17331
      View Details
    • $2,215,000
      9,194 SF

      Medical Office Building Investment

      Tenant-designed medical office building with stable income streams.
      18-20 North St, Hanover, PA 17331
      View Details
    • $325,900

      Move-In Ready Hanover Home

      Modern, open-concept home with luxury owner suite in Hanover, PA.
      271 Ridge View Ln, Hanover, PA 17331
      View Details
    • $315,900

      Modern Home in Hanover, PA

      Move-in ready home with open concept and luxury owner's suite.
      279 Ridge View Ln, Hanover, PA 17331
      View Details

    FAQs

    What type of property is this?
    Medical office - 62,024 SF Office, Mixed-Use, Vacant
    Where is this medical office located?
    The property is located at 1401 York St Hanover, PA.
    What is the asking price?
    The asking price for this property is $7,450,000.
    What are key features of this property?
    This property features: Class A office building, 62,024 square feet, built in 2014.; Located on a 7.385-acre lot zoned for industrial use in Hanover, PA.; Features 38 private offices, multiple conference rooms, eight restrooms, and an 11,000-square-foot test kitchen.
    Request Owner's contact information
    1401 York St Hanover, PA 17331
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1401 York St
    Hanover, PA 17331
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1401 York St Hanover, PA 17331
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.