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Property profile & analytics
FOR SALE
Drive through restaurants

1133 Baltimore St Hanover, PA 17331

2,530 SF 0.84 ac lot Built 1984
Entity Owned 4-yr Hold Free & Clear
Property ID
US73-2850179
1133 Baltimore St, Hanover, PA 17331 For Sale
$750,000 2,530 SF
1133 Baltimore St, Hanover, PA 17331
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Property summary
AI-generated overview

This exceptional freestanding restaurant building presents a unique investment opportunity in Hanover, Pennsylvania. Located at 1133 Baltimore Street, this 2,530 square-foot property boasts a highly desirable location with exceptional visibility and accessibility. The building is situated on Baltimore Street, a major thoroughfare with a high volume of daily traffic (16,000 vehicles per day), ensuring significant exposure to potential customers. Its strategic placement offers convenient access for patrons and excellent proximity to numerous national retailers, including Walmart, Giant, Wendy's, Weis Markets, Starbucks, and MedExpress. The property is currently vacant, providing a blank canvas for a new restaurant concept or a chance to lease to an established operator. The building is a single-story structure, offering efficient layout and operational ease. This is a Triple Net (NNN) lease opportunity, meaning the tenant is responsible for property taxes, insurance, and maintenance. The asking price is $750,000, translating to $296.44 per square foot. This represents a compelling investment opportunity in a thriving retail corridor. The property's prime location and high visibility make it an ideal setting for a successful restaurant venture. Don't miss this chance to acquire a valuable asset in a strong market.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1984
Total area 2,530 SF
Lot 0.84 ac (36,765 SF)
Zoning code CM
APN 44-000-CD-0061.G0-00000
UPID US73-2850179
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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by Request
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Adc Atlantic Properties LLC · 4 yrs held
Adc Atlantic Properties LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
CM · Hanover, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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