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Property profile & analytics
FOR LEASE
Retail space

979 York St Hanover, PA 17331

10,368 SF 0.51 ac lot Built 1945
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US73-1697052
Property summary
AI-generated overview

This single-tenant medical office space at 979 York Street, Unit #1, Hanover, PA 17331, offers excellent visibility on a main thoroughfare. Previously used as a chiropractic office, the space features a flexible floor plan easily adaptable to various needs. The zoning permits several uses by right, providing versatility for potential buyers. Located along York Street (PA Route 116), a key transportation corridor in and out of Hanover, this property benefits from high traffic volume and prominent street presence. The property is classified as both retail and office space, making it suitable for a range of businesses. The building is situated at 39.800793348334516 latitude and -76.95708076847339 longitude. This presents a unique opportunity for entrepreneurs and investors seeking a well-located, adaptable commercial space in a thriving Pennsylvania community. The property's single-tenancy status offers simplicity and control. The high visibility and convenient location make this an attractive investment opportunity. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1945
Total area 10,368 SF
Lot 0.51 ac (22,303 SF)
Zoning code RS
APN 44-000-01-0117.A0-00000
UPID US73-1697052
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
  • Sign of the Horse Brewery Production Facility Brewery & Distillery
  • Homefield Advantage Production Facility Textile Manufacturer
  • Earling Chiropractic Alternative Medicine Practice
  • Richard D. Earling, DC Alternative Medicine Practice
  • Booth Brothers Electricians Electrical Service General Contractor
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
Schwenger LLC · 6 yrs held
Schwenger LLC
since 2019
2 recorded transactions
2019
$427,500
2015
$390,000
Zoning & alternative use
RS · Hanover, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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