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    OFF-MARKET
    Drive through restaurants

    670 Hanover St, Carlisle, PA 17013-1933

    3,270 SF 0.27 ac lot
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US73-2309607
    Property summary
    AI-generated overview

    This exceptional turnkey restaurant opportunity in Carlisle, Pennsylvania, presents a rare chance to acquire a well-established commercial property. Located at 670 N Hanover St, this 3,270 square foot building, constructed in 1973, sits on a commercially zoned lot (Commercial Neighborhood) and boasts a convenient drive-thru window in the rear. The property includes 23 paved parking spaces, a significant asset for customer convenience. The building's history as a former KFC location provides a strong foundation for a variety of food service concepts. Its prime location along North Hanover Street (Route 34) offers excellent visibility and accessibility. The property is situated near key intersections, including Clay Street and Bedford Street, and enjoys close proximity to the Carlisle Fairgrounds, the US Army War College, and downtown Carlisle. The property's APN is 06-20-1800-040 & 042. The current lease expires August 23, 2024. This presents a unique opportunity for an investor or entrepreneur seeking a ready-made space with significant potential in a thriving community. The property's size and features make it ideal for a variety of restaurant concepts. This is a high-traffic area with strong potential for success. The ample parking ensures ease of access for customers. Don't miss this chance to own a piece of Carlisle's vibrant commercial landscape.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Total area 3,270 SF
    Lot 0.27 ac (11,761 SF)
    APN 06-20-1800-042
    UPID US73-2309607
    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
    Current use
    Occupant on record · Public records
    • KFC Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Vito Iannuzzi · 2 yrs held
    Vito Iannuzzi
    since 2023
    Last sale
    $400,000
    2 recorded transactions
    2023
    $400,000
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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