Property summary
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
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
RS · Hanover, PAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for RS in Hanover, PA.
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Find the owner behind the property.
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