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Property profile & analytics
OFF-MARKET
Investment properties

636 Frederick St Hanover, PA 17331-5006

1,192 SF 0.28 ac lot Built 1930
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US73-1907362
Property summary
AI-generated overview

This exceptional investment opportunity presents a unique blend of commercial and residential properties in Hanover, Pennsylvania. The property comprises two buildings situated on a 0.36-acre lot with frontage on both Frederick Street (SR 194) and West Middle Street. The main structure is a 6,494 square foot warehouse boasting 18-24 foot ceilings, a 16' x 24' drive-in door, and robust 3-phase 220V/400A power. The warehouse features concrete block construction, a rubber roof, infrared and radiant floor gas heat, and a small paved area for off-street parking. A second building, a 1,192 square foot residential unit (2 bedrooms, 1 bathroom), is currently occupied on a month-to-month lease with a 60-day termination clause. The property is zoned R-8 and Highway Business (Penn Township), offering flexibility for various uses. Conveniently located near major routes including Rt 94, Rt 116, and with easy access to Littlestown, Baltimore, Harrisburg, York, and Gettysburg, this property benefits from excellent accessibility and strong regional connectivity. Annual real estate taxes are approximately $7,600. The asking price for this combined industrial and residential property is $375,000.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1930
Construction FRAME
Total area 1,192 SF
Lot 0.28 ac (11,979 SF)
Zoning code CM
APN 44-000-07-0106.00-00000
UPID US73-1907362
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
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
Elephant Hill LLC · 1 yrs held
Elephant Hill LLC
since 2025
1 recorded transaction
2025
$310,000
Zoning & alternative use
CM · Hanover, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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