For Sale
$1,395,000

1108 Chocolate AveHershey, PA 17033

7,692 SF Medical Office, Hershey, PA

Overview

Added:
Dec 11, 2024
Days on market:
114
This well-maintained, single-story medical office building in Hershey, Pennsylvania, offers a compelling investment opportunity. Located at 1108 E Chocolate Ave, this 7,692 square foot Class B property sits on a 0.45-acre lot and features 30 parking spaces, including 19 covered spaces. Built in 1984 and renovated in 2019, the building is currently 67% occupied, with two suites leased to established medical tenants: Endodontics Associates and Dr. Mayes. A third suite is available, presenting an ideal opportunity for an owner-user or additional rental income. The property is zoned for mixed-use within the Pamldale zoning district, offering potential for future expansion. Its prime location across from the Hershey Country Club and minutes from downtown Hershey provides excellent visibility and accessibility. The strong in-place cash flow from existing tenants makes this a sound investment with potential for significant return. This multi-tenant building offers a blend of existing income and future development possibilities in a highly desirable Hershey location.

Highlights

  • Sound investment opportunity in Hershey, PA.
  • Strong cash flow from existing medical tenants.
  • Vacant suite ideal for owner-user or additional lease income.
  • 19 covered parking spaces.

Property Details for 1108 Chocolate Ave

Property type
Office properties, Medical offices
Square Feet
7,692 SF
Class
B
Year Built/Renovated
1984/2019
Buildings
1
Stories
1
Lot Size (sq. ft)
19,602 SF

Location Insight

City
Hershey
County
Dauphin
State
Pennsylvania
Latitude
40.2950451
Longitude
-76.6244427
1108 Chocolate Ave, Hershey, Pennsylvania

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1108 Chocolate Ave
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