0 Carlisle PikeHanover, PA 17331

Property Details for 0 Carlisle Pike

Lot size

1.00 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 1-17 acre commercial land parcel presents a rare opportunity in Hanover, Pennsylvania. Strategically located near the "Golden Mile" with over 22,000 cars passing daily, this property boasts two signalized corners thanks to a new Hanover Street extension, expected to be completed by Fall 2024. PennDOT permits are anticipated by this date, streamlining the land development process. The site benefits from an adjacent 136-unit residential development currently under construction and a new automotive dealership under construction on an adjacent property, ensuring high visibility and strong future growth potential. All stormwater management is handled via discharge into a nearby quarry, eliminating the need for on-site detention and maximizing usable land area. The property is essentially pad-ready, minimizing development costs and timelines. This location offers quick access to Hanover and Route 30. The property is designated under the LERTA program, providing significant real estate tax savings (approximately 50% reduction for the first ten years). Public water and sewer are available. The property is available for sale or lease, offering flexibility to suit various development needs. The supportive local government fosters a pro-development environment, making this an ideal investment for businesses seeking a prime location with exceptional infrastructure and growth potential. Low real estate taxes, significantly lower than Hanover Borough, further enhance the financial attractiveness of this opportunity.

Location Insight

City

Hanover

County

York

State

Pennsylvania

Latitude

39.8367

Longitude

-77.0041

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