1108 Chocolate Ave Hershey, PA 17033-1242
- Medical offices
- 7,043 SF
- 0.45 lot acres
Current Use by Public Records
- Dr. Neha J. Patel, DDS / Dental Implants Periodontist
- Hershey Dentist | Mayes John O DMD | Hershey PA General Dentistry / Dentist
- Dmach Robert G DDS / Dentist
- Kline Ross E Dr / Dentist
- Periodontal Associates: Rogliano Karen C DDS / Dentist
Property Details for 1108 Chocolate Ave
- Year built
- 1984
- Lot size
- 0.45 lot acres
- Property size
- 7,043 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 24-006-160
- APU
- 24006160
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hershey
- County
- Dauphin
- State
- Pennsylvania
- Longitude
- -76.6245
- Latitude
- 40.2951
- CBSA code
- 25420
- CBSA name
- HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA