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    1418 Baltimore St Hanover, PA 17331

    For Lease
    $14 SF/Yr

    Weis Markets-anchored center; 5 spaces available.

    Lot size:
    112,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Grandview Plaza Shopping Center presents a unique investment opportunity in York County. This thriving retail center boasts 112,200 square feet across three buildings, offering a diverse range of spaces ideal for various businesses. Currently, five spaces are available, ranging from 1,600 to 6,400 square feet, perfect for executive offices, medical practices, or retail establishments. The center benefits from a strong anchor tenant, Weis Markets, and enjoys a prime location in the south end of Hanover, experiencing significant residential growth over the past decade. This strategic positioning ensures high visibility and convenient access for customers. The center's tenant mix is impressive, including well-known national brands such as Starbucks, McDonald's, Verizon, Rite Aid, UPS Stores, and a Pennsylvania Wine and Spirits store. The presence of Walmart just south of the center further enhances the area's retail draw. This property offers a blend of retail, office, and restaurant space, making it an attractive option for a variety of businesses seeking a location within a thriving, established shopping center. The multiple tenancy structure provides flexibility and potential for diverse income streams. The property's location within a rapidly expanding residential area guarantees a robust customer base and significant long-term growth potential.

    Property Features for 1418 Baltimore St

    General Information

    Property type
    Strip malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    112,200 SF
    Total Rate
    130900

    Building Details

    Buildings
    3

    Unit(s) available at that property

    Space
    Space 1400-1
    Size
    2,100 SF
    Rate per SF
    $24
    Space
    Space 14
    Size
    3,200 SF
    Rate per SF
    $14
    Space
    Suite 21
    Size
    6,400 SF
    Rate per SF
    $14
    Space
    Suite 20
    Size
    2,100 SF
    Rate per SF
    $14
    Space
    Suite 1400-2,3,4
    Size
    5,340 SF
    Rate per SF
    $24

    HighLights

    • Grandview Plaza Shopping Center, a three‑building, 112,200 square foot retail, office, and restaurant property in York County.
    • Multiple tenancies available, ranging from 1,600 to 6,400 square feet.
    • Weis Markets‑anchored center with strong co‑tenancy including Starbucks, McDonald's, Verizon, Rite Aid, UPS Store, and PA Wine & Spirits.
    • Located in a high‑growth residential area of Hanover, near Walmart.
    • Suitable for executive office, medical office, and other retail uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Full Moon Japanese ... Japanese Restaurant Rife Home Inspections ... Home Inspector Shred Nations Shredding Service The UPS Store Shipping And Mailing Service The Avalon Ale House Restaurant

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    York
    State
    Pennsylvania
    Longitude
    -76.95878261
    Latitude
    39.77250977

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    FAQs

    What type of property is this?
    Strip mall - Weis Markets-anchored center; 5 spaces available.
    Where is this strip mall located?
    The property is located at 1418 Baltimore St Hanover, PA.
    What is the lease rate?
    The lease rate is $14-$24 SF/Yr.
    What are key features of this property?
    This property features: Grandview Plaza Shopping Center, a three-building, 112,200 square foot retail, office, and restaurant property in York County.; Multiple tenancies available, ranging from 1,600 to 6,400 square feet.; Weis Markets-anchored center with strong co-tenancy including Starbucks, McDonald's, Verizon, Rite Aid, UPS Store, and PA Wine & Spirits.
    Request Owner's contact information
    1418 Baltimore St Hanover, PA 17331
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    Hanover, PA 17331
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    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
    1418 Baltimore St Hanover, PA 17331
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