398 York StHanover, PA 17331

  • Retail properties
  • 49,659 SF
For Lease

Property Details for 398 York St

Year built
1930
Lot size
0.91 AC
Property size (Sq ft)
49,659 SF
Zone code
CM
Property type
Retail properties
Property subtype
Strip malls
APN
67-000-04-0029.00-00000
APU
670000400290000000

Description

This exceptional retail space, located at 398 York Street, Suite 6, in Hanover, Pennsylvania, 17331, offers 690 square feet of versatile commercial space within the York Street Mini Mall. Currently vacant and ready for immediate occupancy, this property presents a fantastic opportunity for a variety of businesses. The space is part of a multi-tenant building, providing a vibrant and established commercial environment. Its prime location ensures high visibility and accessibility, benefiting from significant foot traffic. The property is categorized as retail, commercial, and office space, offering flexibility for diverse business needs. The entire 690 square feet is available, providing ample room for setup and operations. This is an ideal location for businesses seeking a convenient and affordable space in a thriving commercial area of Hanover, PA. The address is easily accessible and benefits from strong local customer traffic. This space is perfect for entrepreneurs looking to establish a presence in a well-established mini-mall setting. Don't miss this chance to secure a prime retail location in a high-traffic area. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $15,574,748
    6.5%
    $14,376,691
    7%
    $13,349,784
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,781,510
    Geo Method
    $7,872,600
  • Alternative Use

    Use
    Valuation
    Residential
    $12,127,277
    Hospitality
    $11,108,520
    Educational
    $9,242,158
    Medical
    $9,560,010
    Retail
    $14,376,691
398 York St, Hanover, Pennsylvania

Location Insight

City
Hanover
County
York
State
Pennsylvania
Latitude
39.7997
Longitude
-76.9755
CBSA code
49620
CBSA name
YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$34,832
$120,170
$838,590
$958,760
-
$120,170
$838,590
$958,760

FAQs

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