134 Sipe AveHummelstown, PA 17036

Property Details for 134 Sipe Ave

Year built

1995

Lot size

0.89 AC

Property size (Sq ft)

13,514 SF

Property type

Office properties

Property subtype

Other office properties

APN

24-031-083

APU

24031083

Description

This Hummelstown, PA office building, known as the Smoker Smith Building, offers 13,514 square feet of versatile space across two stories. Located at 134 Sipe Ave, 17036, this property boasts a prime location with excellent visibility from US 322 and US 422. The building features a mix of medical, traditional, coworking, and creative office spaces, making it ideal for a variety of businesses. Currently, 4,055 square feet are available for lease, representing a significant portion of the building's total area. The building itself was constructed in 1995 and sits on a 0.89-acre lot. Amenities include a 19-foot ceiling height, one elevator, and three total suites. The zoning is General Commercial (APN: 24-031-083-000-0000). Its convenient location offers close proximity to Penn State Health Milton S Hershey Medical Center, Hershey Lodge & Convention Center, and numerous restaurants. The maximum contiguous space available is 4,055 square feet. This presents a unique opportunity for businesses seeking high-quality office space in the desirable Hershey submarket.

• CAP approach

  CAP return

  Valuation

  6%

  $2,182,285

  6.5%

  $2,014,417

  7%

  $1,870,530

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,234,614

  Geo Method

  $850,166

• Alternative Use

  Use

  Valuation

  Residential

  $2,497,876

  Hospitality

  $2,288,042

  Educational

  $1,903,624

  Medical

  $1,969,092

  Retail

  $2,961,192

Location Insight

City

Hummelstown

County

Dauphin

State

Pennsylvania

Latitude

40.2693

Longitude

-76.6809

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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