Property summary
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
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store Specialty Food Shop
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Home Decor Store (Bike/Boat/Book/etc) Store
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Home Decor Store (Bike/Boat/Book/etc) Store
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Furniture & Home Goods Home Decor Store
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Sports Field & Court Construction Company
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
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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
The rate is the decision lever; valuation is the consequence.
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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