Property profile

398 York St Hanover, PA 17331

FOR LEASE
Strip malls
Property ID
US73-1131075
49,659 SF 0.91 ac lot Built 1930
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail space, located at 398 York Street, Suite 6, in Hanover, Pennsylvania, 17331, offers 690 square feet of versatile commercial space within the York Street Mini Mall. Currently vacant and ready for immediate occupancy, this property presents a fantastic opportunity for a variety of businesses. The space is part of a multi-tenant building, providing a vibrant and established commercial environment. Its prime location ensures high visibility and accessibility, benefiting from significant foot traffic. The property is categorized as retail, commercial, and office space, offering flexibility for diverse business needs. The entire 690 square feet is available, providing ample room for setup and operations. This is an ideal location for businesses seeking a convenient and affordable space in a thriving commercial area of Hanover, PA. The address is easily accessible and benefits from strong local customer traffic. This space is perfect for entrepreneurs looking to establish a presence in a well-established mini-mall setting. Don't miss this chance to secure a prime retail location in a high-traffic area. The property is ready for immediate occupancy.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1930
Total area 49,659 SF
Lot 0.91 ac (39,727 SF)
Zoning code CM
APN 67-000-04-0029.00-00000
UPID US73-1131075

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Newspaper & Magazine
  • Restaurant
  • Alternative Medicine Practice Spa & Massage Center
  • Alternative Medicine Practice Spa & Massage Center
  • Gym & Fitness Center

Location

398 York St Hanover, PA 17331
Hanover metro Census 22000 YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$825k
CAP Approach CAP
by Request
Comparable Approach Comparable
$826k
Blend (final) Blend
$825k

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2008
Price N/A

Zoning & alternative use

CM · Hanover, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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