Property summary
This well-maintained, single-story medical office building in Hershey, Pennsylvania, offers a compelling investment opportunity. Located at 1108 E Chocolate Ave, this 7,692 square foot Class B property sits on a 0.45-acre lot and features 30 parking spaces, including 19 covered spaces. Built in 1984 and renovated in 2019, the building is currently 67% occupied, with two suites leased to established medical tenants: Endodontics Associates and Dr. Mayes. A third suite is available, presenting an ideal opportunity for an owner-user or additional rental income. The property is zoned for mixed-use within the Pamldale zoning district, offering potential for future expansion. Its prime location across from the Hershey Country Club and minutes from downtown Hershey provides excellent visibility and accessibility. The strong in-place cash flow from existing tenants makes this a sound investment with potential for significant return. This multi-tenant building offers a blend of existing income and future development possibilities in a highly desirable Hershey location.
Property profile
VerifiedCap rate & NOI
Current use
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Dental Office
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Dental Office
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Dental Office
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Dental Office
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Dental Office
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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