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Property profile

195 120 & 122 Hanover, PA 17331

OFF-MARKET
Office Spaces
Built 1896
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Property summary

AI-generated overview

This exceptional office property, located at 195 Stock St, Suites 118, 120 & 122 in Hanover, Pennsylvania, offers 3,000 square feet of versatile space. The main entry, Suite 120, features a reception area, waiting room, spacious conference room, and private offices. Adjacent Suite 118 provides a large open workspace and an additional sizable office or meeting room. Suite 122 is currently unfinished, perfect for storage or future expansion. The building, constructed in 1896, is a three-story structure situated on a 0.05-acre lot within York County. The property boasts ample parking with 220 spaces and convenient elevator access. Ceiling heights range from 8 to 10 feet. The zoning is R5 (One & Two Family Dwelling), offering flexibility for potential future uses. This single-tenancy property presents a unique opportunity for businesses seeking a well-established location in a thriving community. The property's central location and extensive parking make it highly attractive for employees and clients alike. This is a rare chance to acquire a well-maintained office space with significant potential.

Property profile

Verified
Property type Office Spaces
Year built 1896

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

195 120 & 122 Hanover, PA 17331
Hanover metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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