441 Chocolate AveHershey, PA 17033

Property Details for 441 Chocolate Ave

Year built

1988

Construction

FRAME

Lot size

1.02 AC

Property size (Sq ft)

5,500 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

24-020-032

APU

24020032

Description

This exceptional medical office suite, located at 441 E Chocolate Ave in Hershey, Pennsylvania 17033, offers 2,500 square feet of versatile space ideal for a variety of healthcare practices. Currently configured with multiple rooms, a reception area, and a conference room, the layout is adaptable to suit individual tenant needs. The suite boasts convenient client and staff parking directly outside the entrance, ensuring easy accessibility. Situated within a building housing other professional and medical offices, this location provides a professional and established environment. The monthly rental rate is below $2,500 and includes all utilities and expenses, offering predictable budgeting. The suite is ready for immediate occupancy, and modifications to the existing layout can be completed quickly to meet specific tenant requirements. This is a fantastic opportunity for a medical practice, financial firm, or other professional business seeking a well-appointed and conveniently located office space in Hershey, PA.

• CAP approach

  CAP return

  Valuation

  6%

  $888,158

  6.5%

  $819,838

  7%

  $761,278

• Comparable approach

  Method

  Valuation

  Relative Method

  $502,470

  Geo Method

  $346,005

• Alternative Use

  Use

  Valuation

  Residential

  $1,016,599

  Hospitality

  $931,199

  Educational

  $774,747

  Medical

  $801,392

  Retail

  $1,205,162

Location Insight

City

Hershey

County

Dauphin

State

Pennsylvania

Latitude

40.2899

Longitude

-76.64

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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