Property summary
This exceptional Hanover, PA retail property at 28 Baltimore Street offers two available spaces totaling 7,500 square feet in a completely renovated (2023) building. The larger space, 5,700 square feet, is located on the first floor and features an open layout, a dedicated restroom, and potential for additional street access. A 1,800 square foot second-floor space is also available, similarly featuring an open layout and a private restroom. Both spaces benefit from a shared Baltimore Street entrance. The building, constructed in 1949, sits on a 0.32-acre lot and boasts a total of 32,052 square feet across two stories. Conveniently located in the heart of Hanover's downtown, with zoning designated as "Downtown," the property is adjacent to a Borough-owned parking lot offering over 50 parking spaces, with parking passes available for lease. Lease rates are $4,750 per month for the 5,700 square foot space and $1,500 per month for the 1,800 square foot space, inclusive of utilities and operating expenses. Tenant is responsible for build-out and signage. This is a fantastic opportunity for businesses seeking a prominent location in a thriving downtown area. The property is situated near the intersection of Baltimore Street and Broadway.
Property profile
VerifiedCap rate & NOI
Current use
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Training Center
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Medical Supply Store
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Hair Salon
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CM · Hanover, PAZoning
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Zoning designation
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