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Hanover R&D Facility For Sale
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1401 York St, Hanover, PA 17331

62,000 SF R&D facility on 7.385 acres in Hanover, PA.

Property Size62,024 SF
Lot Size7.39 Acres
Days on Market704

Property Features for 1401 York St

General Information

Standard status Active
Size 62,024 SF
Class A
Lot size 7.39 Acres
Property subtype Industrial, Mixed Use, Office
Zoning Industrial

Building Details

Year Built 2014
Buildings 1
Stories 3
Units 1
Listing Agency: RE/MAX Quality Service Inc
Listed By: Jeff Garber · License #RS222250L
Source: Crexi
Added: Sep 25, 2024 Changed: Aug 28 Last Checked: Aug 29 at 4:45AM

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 RE/MAX Quality Service Inc

Investment Insights

Based on property information with market context.

This 62,000 square foot R&D facility is located in Hanover, PA, situated on 7.385 acres. The building is suitable for professional office, R&D, medical space, multi-tenant or light manufacturing purposes. It features 38 private offices, conference and meeting rooms, and 8 restrooms. There is ample open room for growth, along with an 11,000 square foot test kitchen and prototype/simulation area. The property also includes over 10,000 square feet of unfinished space and a full, separately entranced medical office. Additional 51 +/- acres of Industrial & R-15 land are available.

Key Highlights

  • 62,000 SF state‑of‑the‑art R&D facility
  • Versatile space suitable for office, R&D, medical, multi‑tenant, or light manufacturing
  • Includes an 11,000 SF test kitchen and prototype/simulation area

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Restaurant Law Firm Auto Repair Shop Building Supply Hair Salon Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

107
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?
Mixed-use property - 62,000 SF R&D facility on 7.385 acres in Hanover, PA.
Where is this mixed-use property located?
The property is located at 1401 York St Hanover, PA.
What are key features of this property?
This property features: 62,000 SF state‑of‑the‑art R&D facility; Versatile space suitable for office, R&D, medical, multi‑tenant, or light manufacturing; Includes an **11,000 SF test kitchen and prototype/simulation area**
More about this property
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