Entity Owned Property summary
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.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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