Property profile

139 Hanover St Hummelstown, PA 17036

OFF-MARKET
Retail space
Property ID
US73-2567343
26,474 SF 0.68 ac lot Built 1910
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 26,474 square foot multi-tenant retail building situated on a 0.68-acre lot in Hummelstown, Pennsylvania. Built in 1910, the property is zoned for multi-tenant retail use and boasts 50 parking spaces. Currently operating with multiple rented booths and a waiting list, the property offers immediate revenue streams. Detailed profit and loss statements and balance sheets are available for review, showcasing the current financial performance and the potential for increased profitability. The owner-operator model ensures efficient operations, and the existing front desk staff streamlines management. The property's versatility allows for various uses, including continued operation as a multi-tenant retail space with the potential to increase rental income by raising booth rents, or redevelopment into a lucrative retail rental space at competitive rates. Alternatively, the building could be renovated into modern office space to capitalize on higher rental yields. The property's address is 139 S Hanover St, Hummelstown, PA 17036, and its APN is 31-048-002-000-0000. The asking price is $1,395,000, translating to $52.69 per square foot. This property represents a compelling investment opportunity with significant upside potential.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Total area 26,474 SF
Lot 0.68 ac (29,621 SF)
APN 31-048-002
UPID US73-2567343

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Specialty Food Shop
  • Home Decor Store (Bike/Boat/Book/etc) Store
  • Home Decor Store (Bike/Boat/Book/etc) Store
  • Furniture & Home Goods Home Decor Store
  • Sports Field & Court Construction Company

Location

139 Hanover St Hummelstown, PA 17036-2209
Hummelstown metro Census 24400 HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.84M
Blend (final) Blend
$525k

Owner & transaction history

since 2026
7 recorded transactions
2026
$200,000
2025
$200,000
2020
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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