Hanover, PA Commercial Real Estate for Lease - 21 Listings

134 Baltimore St

134 Baltimore St, Hanover, PA
Property

Retail
Availability

1 Space

2,000 SF
Year Built

1947
For Lease

$1,400.00/MO
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North Hanover Mall

1155 Carlisle St, Hanover, PA
Property

Retail

452,400 SF
Availability

42 Spaces

187,779 SF
Year Built

1965
For Lease Contact for pricing
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1139 Baltimore St

1139 Baltimore St, Parkville, Hanover, PA
Property

Office

5,747 SF
Availability

1 Space

5,747 SF
Year Built

1974
For Lease Contact for pricing
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Hanover Commons

440 Eisenhower Drive, Hanover, PA
Property

Retail

66,140 SF
Availability

1 Space

8,140 SF
Year Built

1997
For Lease

$15.00/SF/YR
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262 Church Street

262 Church Street, Hanover, PA
Property

Industrial

80,870 SF
Availability

2 Spaces

11,268 SF
Year Built

1986
For Lease

$7.87 - $47.40/SF/YR
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North Hanover Mall

1155 Carlisle Street, Hanover, PA
Property

Retail

452,400 SF
Availability

27 Spaces

61,643 SF
Year Built

1965
For Lease Contact for pricing
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435 Gitts Run Road

435 Gitts Run Road, Hanover, PA
Property

Industrial

53,100 SF
Availability

1 Space

53,915 SF
Year Built

1980
For Lease

$5.50/SF/YR
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100 South Blettner Avenue

100 South Blettner Avenue, Hanover, PA
Property

Industrial

139,500 SF
Availability

1 Space

139,500 SF
Year Built

2025
For Lease Contact for pricing
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Grandview Plaza Shopping Center

1418 Baltimore St, Hanover, PA
Property

Retail

112,200 SF
Availability

3 Spaces

9,440 SF
For Lease

$12.00 - $24.00/SF/YR
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Gateway Hanover

181 Wilson Avenue, Hanover, PA
Property

Retail

174,776 SF
Availability

2 Spaces

39,000 SF
Year Built

2011
For Lease Contact for pricing
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Clearview Shopping Center

1000 Carlisle St, Hanover, PA
Property

Retail

167,392 SF
Availability

4 Spaces

19,232 SF
For Lease

$15.00/SF/YR
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38 - 40 Broadway

38 - 40 Broadway, Hanover, PA
Property

Retail

24,255 SF
Availability

1 Space

2,000 SF
For Lease

$12.00 - $15.00/SF/YR
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North Point Plaza

1150 Carlisle Street, Hanover, PA
Property

Retail

120,341 SF
Availability

1 Space

1,345 SF
Year Built

1958
For Lease Contact for pricing
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195 Stock Street

195 Stock Street, Hanover, PA
Property

Office

5,383 SF
Availability

2 Spaces

5,383 SF
Year Built

1896
For Lease

$5.00 - $10.00/SF/YR
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301 W Eisenhower Dr

301 W Eisenhower Dr, Hanover, PA
Property

Retail

14,564 SF
Availability

1 Space

14,564 SF
For Lease Contact for pricing
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Ridge Avenue

Ridge Avenue , Hanover, PA
Property

Industrial

407,680 SF
Availability

1 Space

407,680 SF
For Lease Contact for pricing
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28 Baltimore St

28 Baltimore St, Hanover, PA
Property

Retail

23,508 SF
Availability

2 Spaces

7,500 SF
Year Built

1949
For Lease

$1,500.00 - $4,750.00/MO
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670 Gitts Run Rd

670 Gitts Run Rd, Hanover, PA
Property

Industrial

36,000 SF
Availability

4 Spaces

36,000 SF
Year Built

2023
For Lease

$6.95/SF/YR
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1446 Baltimore St

1446 Baltimore St, Hanover, PA
Property

Retail

23,600 SF
Availability

1 Space

1,460 SF
For Lease Contact for pricing
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241 North Franklin Street

241 North Franklin Street, Hanover, PA
Property

Retail

4,674 SF
Availability

1 Space

4,674 SF
For Lease

$10.00/SF/YR
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Wilson Avenue

Wilson Avenue, Hanover, PA
Property

VacantLand

6.9 Acre
Availability

1 Space

6.9 Acre
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Hanover commercial real estate market incorporates 25,699 square feet of office space across 9 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Hanover commercial real estate market includes 1,663,874 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Hanover market, there is a total of 1,390,407 square feet of industrial property.

The listing inventory in Hanover incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Hanover is represented by Industrial space, which accounts for 648,363 square feet of available listings. Retail space available in Hanover adds up to 358,777 square feet.

Meanwhile, most of the listings of commercial property for sale in Hanover are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Hanover is $10.19 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Hanover can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Hanover, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $15 per square foot. In particular, the property type commanding the highest lease rates in Hanover was Retail space.

The average size of a commercial property in Hanover depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Hanover, the average size of an office property is 5,140 square feet.
Retail properties here incorporate an average of 92,438 square feet.
Industrial space in Hanover is in buildings that are, on average 126,401 square feet in size.

Hanover, PA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Hanover currently add up to 1,318,834 square feet. The market offers 6 active office listing(s), which amount to 11,130 square feet and account for 24% of commercial spaces on the market. Local retail availability includes 358,777 square feet across 13 retail space(s). Industrial space for rent opportunities in Hanover amount to 648,363 square feet across a total of 5 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	6	11,130
Retail	13	358,777
Industrial	5	648,363
Other	1	300,564

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Hanover, PA. Currently, there is 720,698 square feet of commercial property for sale here , which includes 3 office building(s) for sale , 5 retail investment opportunity listing(s) , and 6 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	3	14,569
Retail	5	27,624
Industrial	6	673,257
Other	5	5,248

Hanover, PA Commercial Real Estate for Lease - 21 Listings

134 Baltimore St

North Hanover Mall

1139 Baltimore St

Hanover Commons

262 Church Street

North Hanover Mall

435 Gitts Run Road

100 South Blettner Avenue

Grandview Plaza Shopping Center

Gateway Hanover

Clearview Shopping Center

38 - 40 Broadway

North Point Plaza

195 Stock Street

301 W Eisenhower Dr

Ridge Avenue

28 Baltimore St

670 Gitts Run Rd

1446 Baltimore St

241 North Franklin Street

Wilson Avenue

Frequently Asked Questions

Hanover, PA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Hanover, PA Commercial Real Estate for Lease - 21 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Hanover, PA?

What factors affect the price of commercial real estate in Hanover, PA?

What is the average rent for commercial space in Hanover, PA?

What are the best areas for commercial real estate in Hanover, PA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Hanover, PA?

Hanover, PA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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About us