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Property profile & analytics

711 Elm Ave Hanover, PA 17331-4704

  • Turn key restaurants
  • 0.64 lot acres
OFF-MARKET
Last Sale
May 04, 2022
$425,000
Value Estimations
$425,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US73-0837386
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Pretzel Pizza Cafe & Creamery / Restaurant / Ice Cream Shop

Property Details for 711 Elm Ave

Lot size
0.64 lot acres
Property type
Turn key restaurants
APN
08 L14-0007---000
APU
08L140007000

Description

This exceptional 5,195 square foot commercial property in Hanover, Pennsylvania, presents a compelling investment opportunity. Located at 711 W Elm Avenue, this versatile space sits on a sizable 0.64-acre lot, providing extensive parking capabilities. The paved lot comfortably accommodates two tractor-trailers, eleven cars, and two additional spaces within the building itself, ensuring convenient access for employees and clients. A pleasant picnic area adjacent to the parking lot adds a unique amenity. The building itself boasts a substantial rear area measuring 34 feet wide by 68 feet long, featuring a generous 14-foot ceiling height, perfect for storage or various commercial applications. Two overhead doors, measuring 10' x 10' and 10' x 12', facilitate easy loading and unloading. The property is equipped with a robust 200-amp electric service, with the added benefit of 3-phase power readily available at the Elm Street pole. Two bathrooms are conveniently located within the building. Zoned Village Commercial (VC), this property offers a wide array of permitted uses, details of which can be found in the MLS listing. This prime location and versatile space make it an attractive option for a variety of businesses seeking a well-equipped and conveniently located commercial property in Hanover, PA. The asking price is $575,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $425,000
    ML approach
    $405,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Hanover
County
Adams
State
Pennsylvania
Longitude
-77.0013
Latitude
39.8089
CBSA code
23900
CBSA name
GETTYSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,910
$190,700
$166,900
$357,600
-
$190,700
$166,900
$357,600
More about this property
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