636 Frederick St Hanover, PA 17331-5006
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CM · Hanover, PAHanover. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.