157 Hanover St Carlisle, PA 17013-3437
This exceptional 1,952-square-foot office building is located in the bustling heart of downtown Carlisle, Pennsylvania, at 157 S Hanover St, 17013. Currently undergoing interior renovation, this single-story property is zoned Central Bus. Dist. C-1, offering versatility for a range of professional uses. Ideal for an office, counseling practice, attorney's office, financial planner, real estate agency, or even retail (permitted use). The existing layout includes a reception area, secretary space, multiple offices, and a storage area. Future improvements could easily incorporate a kitchenette and updated restroom. Ample street parking is readily available for clients and staff. The property is priced at $170,000 ($87.09/sq ft) and presents a unique opportunity for owner-occupancy or as an investment property. A lease option is also available at $2,000 per month, with the tenant responsible for utilities. High traffic volume in this busy area ensures strong visibility and potential for success. This is a prime opportunity to acquire a well-located commercial property in a thriving downtown setting. The property is ready for immediate occupancy upon completion of the current renovations. The building's flexible zoning allows for a variety of business types, making it an attractive investment for both end-users and investors seeking a strong rental income stream.
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Stott & Stott Financial Services Financial Advisor
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
Costs & Benchmarks
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Risks
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