Endless Opportunity in a Prime Hanover Location! 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… Read More 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! Read Less
Courtesy of Kelly MacGregor, RE/MAX Quality Service, Inc. 717-632-5111
Listing Snapshot
Days Online
11
Last Updated
Property Type
Commercial
Square Ft.
6,004
Lot Size
0.41 Acres
Year Built
1850
MLS Number
PAYK2101476
Additional Details
Building
Built in 1850, Construction Materials: Brick, Block, Stone, Asbestos
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