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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 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!
| DAYS ON MARKET | 0 | LAST UPDATED | 4/16/2026 |
|---|---|---|---|
| YEAR BUILT | 1850 | COMMUNITY | Hanover Boro (15267) |
| COUNTY | YORK | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | HANOVER PUBLIC |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Hanover Boro (15267) |
| CONSTRUCTION | Asbestos, Block, Brick, Stone |
| HEAT | Natural Gas, Radiant |
| LOT | 0.41 acre(s) |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| TAXES | 9699 |
| UTILITIES | Water Available, Sewer Available, Natural Gas Available, Electricity Available |
| WATER | Public |
| ZONING | MIXED USED/COMMERCIAL DISTRICTS |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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