For Sale
$3,950,000

433 Ridge Ave Hanover, PA 17331

132,056 SF Manufacturing Plant, $3.95M

Overview

Added:
Dec 11, 2024
Days on market:
135
This expansive 132,056-square-foot manufacturing facility in Hanover, Pennsylvania, presents a significant investment opportunity. Built in 1961 and renovated in 1995, the single-story building sits on a 4.812-acre lot and is zoned for manufacturing. The property features 109,706 square feet of main-level space, offering ceiling heights ranging from 9 feet to an impressive 22 feet 5 inches. A 6,367-square-foot area boasts 22-foot-5-inch clear height, adjacent to an interior dock with two 5-ton cranes and a large freight elevator. Four loading docks and four dock-high doors ensure efficient material handling. The lower level comprises two sections totaling 22,350 square feet, each with separate access and drive-in doors, offering flexibility for leasing or expansion. One lower-level section (10,110 square feet) is currently available for lease. The property benefits from a prime location near major transportation routes (Routes 30, 15, and 97), providing easy access to Washington, D.C. The facility is situated in a thriving industrial area near prominent businesses, including Hanover Foods and Schindler Elevator. The property includes a 4,000 AMP, 208/120V, 3-phase electrical service. The asking price is $3,950,000, with a price per square foot of $29.91. The main level is offered at $3.50 per square foot NNN, with potential for subdivision. The lower-level section is available for lease at $2.50 per square foot NNN.

Highlights

  • Expansive 132,056 SF manufacturing facility in Hanover, PA.
  • Ceiling heights ranging from 9' to 22'5".
  • 4,000 AMP, 208/120V, 3-phase electrical service.
  • 109,706 SF upper level available for lease at $3.50/SF NNN; owner may subdivide.
  • 22,350 SF lower level in two sections, each with drive-in doors.
  • 10,110 SF lower level section available for lease at $2.50/SF NNN.

Property Details for 433 Ridge Ave

Property type
Industrial properties, Manufacturing properties
Square Feet
132,056 SF
Year Built/Renovated
1961/1995
Buildings
1
Stories
1
Lot Size (sq. ft)
209,611 SF

Location Insight

City
Hanover
County
York
State
Pennsylvania
Latitude
39.809495892173
Longitude
-76.97065566199

FAQs

What type of property is this?
Industrial property - 132,056 SF Manufacturing Plant, $3.95M
Where is the industrial property located?
The property is located at 433 Ridge Ave Hanover, PA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Expansive 132,056 SF manufacturing facility in Hanover, PA.; Ceiling heights ranging from 9' to 22'5".; 4,000 AMP, 208/120V, 3-phase electrical service.
How can I contact the broker?
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433 Ridge Ave
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