120 Penn St

Hanover, PA 17331
  • $450,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing HOMESALE018 - 3255286

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.

Listing Highlights for 120 Penn St

Status Active
Days on Site 5
Property Type Commercial Sale
MLS ® PAYK103908
Year Built 1989
Total Square Footage 0
Lot/Acreage 0.22
County York
School District Hanover Public

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central A/C
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Zoning: RS
  • Roof: Rubber
  • Others: Combination
  • Sewer: Public Sewer
  • Above Ground Sq Ft: 0
  • Below Ground Sq Ft: 0

Financial Details

  • Tax Amount: $14,660
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2018

Payment Calculator

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Listing Location

Questions About..

120 Penn St Hanover, PA 17331

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Listing Courtesy of Broc Schmelyun, Berkshire Hathaway HomeServices Homesale Realty

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