217 FREDERICK ST Hanover, PA 17331
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAYK2101476
Year Built 1850
Annual Tax Amount $9,699
Tax Year 2025
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Discover the potential of this versatile mixed-use commercial property, ideally situated just moments from the Hanover Square. With multiple income streams already in place and room to expand, this is a rare opportunity for investors or business owners looking to grow. The main building at 217 Frederick St. currently accommodates three business tenants who share a common area, along with access to two half bathrooms. The first floor features four private office spaces and is further enhanced by a vault and drive-up window, adding both character and functional versatility. The second floor offers incredible flexibility—currently set up for a potential 3-bedroom, 1-bath apartment complete with kitchen, living, and dining areas, or easily convertible into additional professional office.
To the rear, you'll find a spacious 25-car asphalt parking lot, with several spaces already generating rental income.
The second structure, located at 7 College Ave., adds even more value. The upper level features an updated 2-bedroom, 1-bath apartment with modern LVP flooring, while the lower level includes a garage/storage space currently leased. With six income-producing tenants across office spaces, residential units, garage, and parking, this property offers immediate cash flow with upside potential. Positioned within mixed-use zoning and commercial districts, and just steps from the heart of Hanover, this property is truly a blank canvas ready for your vision. Expand, reconfigure, or simply collect income—opportunities like this don't come around often!
Location
State PA
County York
Area Hanover Boro (15267)
Zoning MIXED USE
Interior
Hot Water Electric
Heating Radiator
Cooling Central A/C
Flooring Laminate Plank, Hardwood
Inclusions ELECTRIC RANGE (IN MAIN BUILIDING UPSTAIRS), GAS RANGE/REFRIGERATOR (IN REAR BUILIDNG 2 BEDROOM APARTMENT)
Heat Source Natural Gas
Exterior
Garage Spaces 27.0
Utilities Available Water Available, Sewer Available, Electric Available, Natural Gas Available
Water Access N
Roof Type Slate,Rubber,Asphalt
Accessibility Level Entry - Main
Total Parking Spaces 27
Garage N
Building
Foundation Stone, Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Hanover Public
Others
Tax ID 67-000-08-0035-00-00000
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Seller Financing
Listing Terms Cash, Conventional, Seller Financing
Financing Cash,Conventional,Seller Financing
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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