Get Your Home's Accurate Value
Learn More
MLS® ID: PAYK103908

120 PENN STREET

HANOVER, Pennsylvania, 17331

$450,000 Pending
  • - SQFT
This is an incredible investment opportunity with a 10.6% cap rate. The building is 7,160 sqft of medical office space already leased. Current lease is a 20 year lease renewable every 5 years with an escalation clause. With UPMC purchasing Hanover Hospital, OSS Hanover adding partners and the new WellSpan building in town; renting this should be simple after the lease is fulfilled. The office space is set up perfectly for a Dentist or Chiropractic office. The current rental agreement is a triple net lease and includes a half basement downstairs with optional separate entrance. The financial information, property details, and lease is available upon request. Must sign NDA agreeing to not share financial information.
Read More

Listing courtesy of Berkshire Hathaway HomeServices Homesale Realty

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    17331
  • Office name
    Berkshire Hathaway HomeServices Homesale Realty
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Commercial Sale
  • Zoning type
    RS
  • School district
    HANOVER PUBLIC
  • Year built
    1989
  • Lot size
    0.22
  • Sewer
    Public Sewer
  • Heating
    Other
  • Agent name
    Broc Schmelyun
  • Purchase Type
    Active
  • Price Range
    $400k-$500k
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    HOMESALE018
  • Agent ID
    3255286

Location

Have questions?

We can help.

Let's chat!

First Name
Last Name
Email
Phone
Best time to call

Success!

We'll get in touch with you soon.

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info