128-134 Baltimore Street

Hanover, PA is a thriving town just over the Maryland/Pennsylvania line, with a substantial presence in food manufacturing. The location directly along Baltimore St, is a main thoroughfare through the town, and provides great visibility and access for commercial tenants. Hanover is easily accessible to York, PA and Westminster, MD. The population growth rate for the County has been over .63% per year, which is 3 times PA average.Located along the main corridor in Hanover, PA, this mixed-use property has been extremely well maintained. The property has had one owner for the last 22 years, who has taken great care with updates & improvements. Currently fully leased, this property generates a strong cash flow, with solid upside potential. Rents are lower with long-time tenants on month-to-month leases, making it easy for a new owner to increase the cash flow on day one. The property is comprised of 7 apartments, 3 commercial spaces, and 7 storage/shop spaces. Most apartment tenants have been in place for many years. The commercial spaces are leased by a salon, a bakery, and a church. There are 7 parking spaces on the property, with substantial street parking and a borough lot located only 1 block north of the property.