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    Renovated Medical Office Building
    Updated: Aug 15
    Renovated Medical Office Building

    785 Cherry Tree Ct, Hanover, PA 17331

    $1,500,000
    9,404 sqft
    9,404 SF medical office building
    Fully finished +/-8,400 SF lower level
    Renovated in 2017
    Includes exam/treatment room, physical therapy area, and private offices
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    785 Cherry Tree Ct, Hanover, PA 17331

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    • Est. Cap Rate

      3.1%
      NOI ÷ price

    • Est. NOI

      $47K
      Annual

    • Price @ 7% Cap

      $667K
      Suggested

    • Property Type

      Medical Building
      Built 1996
    View Property Analytics
    Multi-Unit Medical Office Building
    Updated: Jul 20
    Multi-Unit Medical Office Building

    195 STOCK ST, Hanover, PA 17331

    $499,900
    0.09 AC lot
    Brick building with forced air heating and central air cooling
    Year built: 1896
    Includes a parking lot with 220+ parking spaces
    Two elevators
    Sheltered entrances
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    Medical Office Suite with Exam Rooms
    Medical Office Suite with Exam Rooms

    195 STOCK Street, Hanover, PA 17331

    $299,900
    0.05 AC lot

    Medical office suite includes four exam rooms, patient check-in and out areas, waiting space, offices, and restrooms.

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    Move-In Ready Medical Office Unit
    Move-In Ready Medical Office Unit

    195 STOCK Street, Hanover, PA 17331

    $159,900
    0.02 AC lot

    Move-in ready medical office unit with reception, prep and recovery stations, a private surgical room, and patient bathroom.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Medical Office Suite with Exam Rooms
    Medical Office Suite with Exam Rooms

    195 STOCK Street, Hanover, PA 17331

    $149,900
    0.02 AC lot

    Suite includes two exam rooms and two offices within the Eichelberger Building in Hanover, PA.

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    Historic Office Building with Three Entrances
    Historic Office Building with Three Entrances

    119 BALTIMORE Street, Hanover, PA 17331

    $299,900
    0.15 AC lot

    Three separate entrances support flexible office or professional service use in a brick-and-frame building.

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    Mixed-Use Office Building
    Mixed-Use Office Building

    258 BALTIMORE STREET, Hanover, PA 17331

    $315,000
    4,552 sqft

    All-brick commercial building with original woodwork, hardwood floors, multiple offices, and off-street parking.

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    Medical Office Suite with Exam Rooms
    Medical Office Suite with Exam Rooms

    195 STOCK STREET #307A, Hanover, PA 17331

    $149,900
    923 sqft

    Suite includes two exam rooms and two offices within the Eichelberger Building.

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    Medical Office Suite with Exam Rooms
    Medical Office Suite with Exam Rooms

    195 STOCK STREET #305, Hanover, PA 17331

    $299,900
    2,230 sqft

    Medical office suite featuring four exam rooms, designated patient areas, and dedicated employee and office space.

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    Move-In Ready Medical Office Suite
    Move-In Ready Medical Office Suite

    195 STOCK STREET #309, Hanover, PA 17331

    $159,900
    971 sqft

    Move-in ready office unit with reception, prep and recovery stations, a private surgical room, and patient bathroom.

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    Freestanding Bank Building with Drive-Through
    Freestanding Bank Building with Drive-Through

    1091 EICHELBERGER ST, Hanover, PA 17331

    Contact for pricing
    3,630 sqft

    Former bank building with drive-through capability, suited for retail or office users seeking a stand-alone site in Hanover.

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    Office Suite in Historic Building
    Office Suite in Historic Building

    116-195 Stock St, Hanover, PA 17331

    Contact for pricing
    887 sqft

    Office suite features brand-new separately metered electric and a newly installed HVAC system.

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    Historic Office Suite
    Historic Office Suite

    114-195 Stock St, Hanover, PA 17331

    $44,900
    2,081 sqft

    Office ownership within a historic commercial building on Stock Street.

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    Medical Office Space with Exam Rooms
    Medical Office Space with Exam Rooms

    305-195 Stock Street, Hanover, PA 17331

    $299,900

    Medical office space featuring four exam rooms, patient check-in areas, and an on-site waiting room.

    View details
    Class B Office Building
    Class B Office Building

    1040 High St, Hanover, PA 17331

    Contact for pricing
    16,200 sqft 2.55 AC lot

    Class B office building built in 1990 and renovated in 2003 with ample parking on 2.55 acres.

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    Move-In Ready Medical Office Suite
    Move-In Ready Medical Office Suite

    309-195 Stock Street, Hanover, PA 17331

    $159,900

    Move-in ready medical office suite with reception, prep/recovery areas, a private surgical room, and patient bathroom.

    View details
    Medical Office Unit with Exam Rooms
    Medical Office Unit with Exam Rooms

    307a-195 Stock Street, Hanover, PA 17331

    $149,900

    The unit includes two exam rooms and two offices within a mixed-use professional building.

    View details
    Two-Property Medical Portfolio For Sale
    Two-Property Medical Portfolio For Sale

    2201 BRUNSWICK DR, Hanover, PA

    Contact for pricing
    43,200 sqft

    Class A outpatient medical assets in Pennsylvania & Ohio.

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    Hanover R&D Facility For Sale
    Hanover R&D Facility For Sale

    1401 York St, Hanover, PA 17331

    Contact for pricing
    62,024 sqft 7.39 AC lot

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

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    Medical Office Condo For Sale
    Medical Office Condo For Sale

    250 Fame Ave, Hanover, PA 17331

    Contact for pricing
    10,000 sqft

    Turn-key medical office suite in Hillside Medical Center.

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    Medical Office Building Investment
    Medical Office Building Investment

    18-20 North St, Hanover, PA

    Contact for pricing
    9,194 sqft 0.63 AC lot

    Tenant-designed medical office building with stable income streams.

    View details
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Hanover, PA, we suggest to view alternatives - similar 51 Off-Market properties to explore as potential leads.

    Off-Market Properties in Hanover, PA

    Consider similar Off-Market properties in Hanover, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    20 Nn St
    MEDICAL BUILDING

    20 Nn St, Hanover, PA 17331-2275

    $1,510,000
    Estimated value
    12,106 sqft 0.53 AC lot
    View details
    195 Stock St
    CONDOMINIUM OFFICES

    195 Stock St, Hanover, PA 17331-2266

    $260,000
    Estimated value
    1,025 sqft 0.02 AC lot
    View details
    195 Stock St
    CONDOMINIUM OFFICES

    195 Stock St, Hanover, PA 17331-2266

    $300,000
    Estimated value
    2,268 sqft 0.05 AC lot
    View details

    Hanover, PA Office Spaces Market Trends and Statistics

    Explore 72 office spaces for sale in Hanover, PA, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 165,296 square feet of properties for sale, with an estimated market value of $4,488,800.

    Sale prices for office spaces in Hanover, PA start at $44,900, averaging $320,628, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical Office Space 17
    Office Units 17
    Office buildings 8
    Creative space 1

    Demographics Overview

    Population 55K
    Population Growth (5Y) +7.2%
    Median Household Income $76,661
    College Educated 6.1%

    High-Yield Neighborhoods for Investment

    Identify Hanover submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    17331 $258K

    Taxes & Financing

    Tax Rate (average for all types) 3.07%
    Property Tax per SF $45.59 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in York County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Hanover fall within the Under 2,500 square foot range.

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    Trone Rental Properties, LLC
    Hanover, PA 17331
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    Hanover, PA 17331
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