25 Carlisle St Hanover, PA 17331
- Banks
- 13,396 SF
- 0.30 lot acres
Current Use by Public Records
- Banks
Property Details for 25 Carlisle St
- Year built
- 1906
- Lot size
- 0.30 lot acres
- Property size
- 13,396 SF
- Zone code
- CM
- Property type
- Banks
- APN
- 67-000-18-0244.00-00000
- APU
- 670001802440000000
Description
This exceptional Hanover, PA office building, situated on 1.04 acres, presents a unique investment opportunity. Priced at $1,995,000 ($66.25/SF), this vacant property boasts 30,112 square feet across two buildings, each with distinct architectural character. The first, a former bank branch built in the early 1900s and renovated in 1980, offers 7,382 square feet with impressive 30+ foot ceilings, marble and tiled walls, large windows, and a second-floor conference room with a balcony. The second building, comprising approximately 15,348 square feet, features numerous private offices, small and large conference rooms, and restrooms on both floors. The property includes a fenced surface parking lot with 70+ spaces and a recently installed public parking metering system. Located in a prime Downtown location, this Class B property is zoned Downtown and serviced by public water, sewer, and natural gas. The property consists of four parcels and is a landmark location in Hanover, Pennsylvania, previously occupied by PNC Bank. This is a rare opportunity to acquire a substantial, historically significant commercial property in a thriving Pennsylvania town. The property's size, location, and unique features make it ideal for a variety of uses. The vacant status allows for immediate customization and tenant improvements to suit a new owner's vision. The property's two distinct areas offer flexibility for various business needs.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,465,000
- ML approach
- $1,480,000
-
Alternative Use
- Use
- Estimation
- FINANCIAL BUILDING
- $1,205,000 Current use
- COMMERCIAL (GENERAL)
- $1,435,000 Change: +19% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,330,000 Change: +11% Conversion: Difficult
- RESTAURANT
- $1,275,000 Change: +6% Conversion: Difficult
- OFFICE BUILDING
- $1,130,000 Change: -6% Conversion: Difficult
- MEDICAL BUILDING
- $985,000 Change: -18% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Hanover
- County
- York
- State
- Pennsylvania
- Longitude
- -76.9836
- Latitude
- 39.8014
- CBSA code
- 49620
- CBSA name
- YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA
