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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

38 Broadway Hanover, PA 17331

24,255 SF
Property ID
Property summary
AI-generated overview

This exceptional three-story commercial building, totaling 24,255 square feet, enjoys a highly visible location in Hanover, Pennsylvania. Situated at the signalized intersection of Broadway (11,000 cars per day), York Street, and Railroad Street, this property offers excellent accessibility and high traffic exposure. The building currently houses a mix of established tenants on the first and second floors, including Oak Artisan Cookery, Fat Bat Brewing, Hanover Golf Loft, and Woodland Development, Inc. A significant opportunity exists with approximately 2,000 square feet of office/retail space available for lease on the second floor. This space is elevator-accessible, boasting hardwood floors and large windows, currently in shell condition, ready for tenant improvements. An additional 2,500 square feet of space is available on the third floor, though it lacks elevator access. Parking is conveniently located on-street and at a nearby municipal lot. The property is zoned commercial and located in York County. This presents a unique chance to establish a presence in a thriving downtown area with strong existing businesses as neighbors. The building's strategic location and versatile space make it ideal for a variety of businesses seeking a high-profile location in Hanover.

Property profile
Verified
Property type Retail properties & Spaces
Total area 24,255 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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