1133 Baltimore St Hanover, PA 17331
For Sale
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CM · Hanover, PAHanover. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.