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    FOR SALE
    Warehouses

    316 Broadway, Hanover, PA 17331

    4,851 SF 0.11 ac lot Built 1920
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US73-1067051
    316 Broadway, Hanover, PA 17331 For Sale
    $399,000 4,851 SF
    316 Broadway, Hanover, PA 17331
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    Property summary
    AI-generated overview

    This exceptional freestanding retail property, located at 316 Broadway in Hanover, Pennsylvania (zip code 17331), presents a unique investment opportunity. The building, constructed in 1920, offers 4,851 square feet of versatile space currently vacant and ready for immediate occupancy. Situated on a 0.24-acre lot, the property boasts excellent visibility at the intersection of Broadway (9,000 vehicles per day) and West Chestnut Street, ensuring high traffic exposure for any business. The building's features include convenient drive-thru overhead doors, making it ideally suited for contractors, small businesses, or showroom operations. The asking price is $399,000, translating to a price per square foot of $82.25. This represents a compelling opportunity to acquire a well-located, functional building in a thriving Pennsylvania market. The property's central location within Hanover, York County, provides easy access to local amenities and a strong customer base. Its size and features offer significant potential for a variety of commercial uses. Don't miss this chance to secure a prime retail space in a high-traffic area.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1920
    Total area 4,851 SF
    Lot 0.11 ac (4,792 SF)
    Zoning code RS
    APN 67-000-18-0146.00-00000
    UPID US73-1067051
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Costa Oil North America HQ Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Kapo Realty Ltd · 4 yrs held
    Kapo Realty Ltd
    since 2021
    Last sale
    $209,000
    2 recorded transactions
    2021
    $209,000
    2010
    Zoning & alternative use
    RS · Hanover, PA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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