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    195 Stock St Hanover, PA 17331

    Sponsored
    For Sale
    $900,000

    Historic Hanover office condos, prime location.

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This mixed-use investment opportunity presents two vacant, contiguous office condominiums within the historic Eichelberger Building in Hanover, Pennsylvania (195 Stock St, 17331). Built in 1896 and renovated in 1995, this Class C property offers a combined 6,978 square feet, although the units (311 & 312) can be purchased separately. Currently configured as professional office space, the layout includes a lobby/reception area, numerous private offices with ample natural light, two conference rooms, private restrooms, an IT area, and a second-floor mezzanine. The building boasts over 220 on-site parking spaces, two elevators, and covered entrances. The property is zoned for mixed use, reflecting its past life as a high school and current use as medical/professional office and performing arts space. The asking price for both units is $900,000. This presents a unique chance to acquire a substantial, well-located property in a thriving Pennsylvania community. The property's size and layout offer flexibility for a variety of uses.

    Property Features for 195 Stock St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,000 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1896/1995
    Units
    2

    HighLights

    • Two vacant, contiguous office condos totaling 6,978 square feet in Hanover, PA.
    • Located in the historic Eichelberger Building (195 Stock St, 17331).
    • Class C property, built in 1896, renovated in 1995.
    • Units 311 & 312 can be purchased separately or together for $900,000.
    • Features include a lobby, private offices, conference rooms, restrooms, IT area, and a mezzanine.
    • Building amenities: over 220 parking spaces, two elevators, and covered entrances.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Werleman & Associates Dentist Donna J Brown Holistic Medicine Practitioner Brown Plus Accounting Firm Eichelberger Performing Arts ... Performing Arts Theater Forbes Joy Hypnotherapy Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -76.986184
    Latitude
    39.8062388

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Hanover office condos, prime location.
    Where is this office property / space located?
    The property is located at 195 Stock St Hanover, PA.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: Two vacant, contiguous office condos totaling 6,978 square feet in Hanover, PA.; Located in the historic Eichelberger Building (195 Stock St, 17331).; Class C property, built in 1896, renovated in 1995.
    Request Owner's contact information
    195 Stock 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
    195 Stock St Hanover, PA 17331
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