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Property profile & analytics

241 Franklin St Hanover, PA 17331

  • Office Properties & Spaces
  • 4,140 SF
  • 0.09 lot acres
Value Estimation
$80,000
Last Sale
Mar 12, 2024
$100,000
Location Intelligence
Property ID
US73-4266997
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office Properties & Spaces

Property Details for 241 Franklin St

Year built
1910
Lot size
0.09 lot acres
Property size
4,140 SF
Property type
Office Properties & Spaces
APN
67-000-08-0160.00-C0004
APU
6700008016000C0004

Description

This exceptional 4,674-square-foot freestanding retail building presents a rare opportunity in the revitalized downtown Hanover, Pennsylvania. Located at 241 N Franklin St, this property is part of a larger Pennrose redevelopment project, offering a unique blend of historical charm and modern amenities. Originally a boiler room for the Hanover Shoe facility, the building has been thoughtfully repurposed, retaining its industrial character while offering modern functionality. The building boasts exposed brick walls, impressive 18- to 30-foot high ceilings, and abundant natural light from windows on all sides. Durable concrete floors, efficient heating and air conditioning, and ample heavy power are already in place. Restrooms are also included. The 2.6-acre lot shares parking with adjacent multi-family buildings. Zoned for Local Business, this versatile space is ideal for a variety of uses, including retail, office, or restaurant (potential parking limitations should be considered for restaurant use). The building's unique character and prime downtown location make it an attractive investment. The lease rate is $10.00 per square foot, plus NNN utilities. This property offers a significant opportunity for a discerning tenant seeking a distinctive and well-located space.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Hanover
County
York
State
Pennsylvania
Longitude
-76.9873
Latitude
39.8029
CBSA code
49620
CBSA name
YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,284
$21,530
$13,820
$35,350
-
$21,530
$13,820
$35,350
More about this property
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