1649 BroadwayHanover, PA 17331

Property Details for 1649 Broadway

Year built

1974

Lot size

10.85 AC

Property size (Sq ft)

118,172 SF

Zone code

CM

Property type

Retail properties

Property subtype

Retail space

APN

44-000-ED-0011.G0-00000

APU

44000ED0011G000000

Description

This 50,000-square-foot warehouse in Hanover, Pennsylvania, presents a unique opportunity. Originally built as a manufacturing/warehouse/office facility, the property, zoned Shopping Commercial, has undergone partial conversion to accommodate a farmer's market, brewery/restaurant, and banquet center. The warehouse section, however, remains entirely separate, offering 50,000 square feet of readily available space. Features include two dedicated loading docks and a shared drive-in door, ensuring efficient loading and unloading. The warehouse boasts modern LED lighting, high ceilings (20 feet to the beam, 24 feet to the deck), gas heat, and restroom access. Ample on-site parking is available for employees and customers. The property sits on a 10.85-acre lot (APN: 44-000-ED-0011-G0-00000) in York County. This single-story building offers a versatile space suitable for a variety of industrial or storage needs. The lease rate is $5.95 per square foot, NNN. This is a prime location in Hanover, PA, with easy access to major transportation routes.

• CAP approach

  CAP return

  Valuation

  6%

  $37,062,752

  6.5%

  $34,211,772

  7%

  $31,768,072

• Comparable approach

  Method

  Valuation

  Relative Method

  $30,415,768

  Geo Method

  $18,734,186

• Alternative Use

  Use

  Valuation

  Residential

  $28,858,908

  Hospitality

  $26,434,604

  Educational

  $21,993,282

  Medical

  $22,749,664

  Retail

  $34,211,772

Location Insight

City

Hanover

County

York

State

Pennsylvania

Latitude

39.8317

Longitude

-76.9717

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].