Property summary
Hanover Commons offers a prime retail opportunity in a thriving York County location. This well-established 87,000 square foot strip center boasts a strong tenant mix, anchored by Goodwill, Mattress Warehouse, and Petco. Currently, 8,140 square feet of retail space is available, presenting a unique chance to establish or expand your business in a high-traffic area. The center enjoys excellent visibility and accessibility along Eisenhower Drive, the main thoroughfare in Hanover. Its strategic location, just 17 miles west of York, PA, and 30 miles south of Harrisburg, PA, provides access to a large and diverse customer base. The property sits on a substantial 10.6-acre lot, zoned M, offering ample parking and potential for future expansion. This established center provides a turnkey solution for businesses seeking a high-visibility location with strong existing anchors. The available space is versatile and adaptable to a variety of retail uses, making it an attractive option for businesses looking to capitalize on the robust Hanover market. The property's size and location make it an ideal investment opportunity for those seeking a stable and growing retail portfolio. The existing tenant mix ensures a consistent flow of customers, creating a supportive environment for new businesses. Don't miss this chance to secure a prominent retail presence in a highly desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Printing Service
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Charitable Organization Social Service Agency
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Courier Service Postal Service
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(Bike/Boat/Book/etc) Store
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
1. [M] Manufacturing District - The purpose of this zoning district is to provide sufficient space to meet current and anticipated future needs for less-intensive industrial uses such as manufacturing and research/develo…
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
M · Hanover, PA1. [M] Manufacturing District - The purpose of this zoning district is to provide sufficient space to meet current and anticipated future needs for less-intensive industrial uses such as manufacturing and research/develo…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
1. [M] Manufacturing District - The purpose of this zoning district is to provide sufficient space to meet current and anticipated future needs for less-intensive industrial uses such as manufacturing and research/develo…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M in Hanover, PA.
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Find the owner behind the property.
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