250 Fame AveHanover, PA 17331

Property Details for 250 Fame Ave

Year built

2009

Lot size

0.06 AC

Property size (Sq ft)

2,408 SF

Property type

Office properties

Property subtype

Other office properties

APN

44-000-ED-0035.B0-C0135

APU

44000ED0035B0C0135

Description

This exceptional Class A office building, located at 250 Fame Avenue in Hanover, Pennsylvania, 17331, offers a unique opportunity to lease state-of-the-art office space. Built in 2003 and extensively renovated in 2021, this two-story building boasts a total of 146,814 square feet situated on a spacious 9.05-acre lot. The property is zoned Industrial and features multiple tenancies, with two immediately available spaces ranging from 1,836 to 2,952 square feet. The building's prime location at the intersection of W Eisenhower Drive and Broadway (PA 194) provides excellent visibility and accessibility. This prestigious address is currently home to a diverse range of high-profile tenants, including UPMC Hospital Services, Lebo Skin Care Center, The Retina Care Center, and Maryland Vascular Specialists, establishing a strong and reputable tenant base. The property's modern design and amenities cater to the needs of medical offices, traditional offices, and executive suites, making it an ideal location for a variety of businesses. The building's substantial size and versatile space offer significant potential for growth and expansion. Inquire today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $513,762

  6.5%

  $474,242

  7%

  $440,368

• Comparable approach

  Method

  Valuation

  Relative Method

  $245,946

  Geo Method

  $151,487

• Alternative Use

  Use

  Valuation

  Residential

  $588,060

  Hospitality

  $538,660

  Educational

  $448,159

  Medical

  $463,572

  Retail

  $697,136

Location Insight

City

Hanover

County

York

State

Pennsylvania

Latitude

39.8252

Longitude

-76.9685

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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