440 Eisenhower Dr Hanover, PA 17331
- Strip malls
- 12,000 SF
- 8.30 lot acres
Current Use by Public Records
- Staples Print & Marketing Services / Banner Store / Blueprint Service
- Reentry Reform / Non-Profit Organization
- Amazon Counter – Staples / Shipping And Mailing Service
- Staples / Print Shop / Shipping And Mailing Service
- Popeyes Louisiana Kitchen / Restaurant / Fast Food Restaurant
Property Details for 440 Eisenhower Dr
- Year built
- 1997
- Lot size
- 8.30 lot acres
- Property size
- 12,000 SF
- Zone code
- M
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 67-000-ED-0013.H0-00000
- APU
- 67000ED0013H000000
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $615,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,245,000
- 6.5%
- $1,150,000
- 7%
- $1,065,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $799,000
Market price range: $200k - $800k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,285,000
- AUTO REPAIR, GARAGE
- $1,195,000
- RESTAURANT
- $1,140,000
- OFFICE BUILDING
- $1,010,000
- MEDICAL BUILDING
- $880,000
- APARTMENT HOUSE (5+ UNITS)
- $855,000
- WAREHOUSE, STORAGE
- $715,000
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Location Insight
- Map
- Local Demand
- City
- Hanover
- County
- York
- State
- Pennsylvania
- Longitude
- -76.979
- Latitude
- 39.8262
- CBSA code
- 49620
- CBSA name
- YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA