Hanover, PA Commercial Real Estate for Lease and Sale

Explore 62 listing(s) of commercial real estate in Hanover, PA to find the best space for your business.

CRE Market FAQs

475 Fame Avenue

475 Fame Avenue, Hanover, PA
Space Type

Industrial
For Lease Contact for pricing

1 space available / 47,254 SF
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Grandview Plaza Shopping Center

1424 Baltimore Street, Hanover, PA
Space Type

Retail
For Lease

$14.00 - $24.00/SF/YR
5 spaces available / 1,460 - 4,080 SF
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Eichelberger Professional Center #311 & 312

195 Stock St, Hanover, PA
Property Type

Office
For Sale

$900,000
Property size 6,978 SF
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1133 Baltimore St

1133 Baltimore St, Parkville, Hanover, PA
Property Type

Retail
For Sale

$750,000
Property size 2,530 SF
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1435 & 1449 Carlisle Pike

1435 & 1449 Carlisle Pike, New Oxford, PA
Property Type

VacantLand
For Sale Contact for pricing

Property size 1.15 Acre
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262 Church Street

262 Church Street, Hanover, PA
Property Type

Industrial
For Sale

$6,000,000
Built in 1986 / Property size 85,320 SF
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Eisenhower Village

496 Eisenhower Dr, Hanover, PA
Space Type

Retail
For Lease

$17.00/SF/YR
1 space available / 1,500 SF
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109 Third Street Rear

109 Third Street Rear, Hanover, PA
Property Type

Industrial
For Sale

$185,000
Property size 3,363 SF
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Hanover Commerce Park, Bldg. 1

Hanover Commerce Park, Bldg. 1, Hanover, PA
Property Type

Unassigned
For Sale Contact for pricing
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Frequently Asked Questions

Here is a rundown of the primary commercial real estate property types currently available in Hanover:
- Office Space: The market includes 629,212 square feet of office spaces in addition to 10 coworking locations.
- Retail Space: Between malls, restaurants and stores, Hanover is home to 1,771,013 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 3,955,256 square feet of available space in Hanover.
The average rent for commercial real estate in Hanover is $12.44 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Hanover costs $3.95, while the city’s premium locations ask up to $24.
Here is a breakdown of the average size of different property classes (also known as asset class or property type):
- Class A/A+ properties have an average size of 407,680 square feet.
- Class B properties are sized 64,052 square feet, on average.
- Class C properties span an average of 113,167 square feet.
CommercialCafe’s CRE offering in Hanover is enabled by a network of 43 active brokers from 17 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.

To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
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, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.

Asking rents in the city can be as high as $24 per square foot. In particular, the property type commanding the highest lease rates in Hanover is Retail space.
The average size of a commercial property here stands at 426,453. However, different asset classes and zoning laws will result in vastly different property sizes. Here is a breakdown of the average size of different commercial asset classes in Hanover:
Office properties:
- Average size: 62,922 square feet.
- Largest property: 501 Ridge Ave (10,922 square feet).
Retail properties:
- Average size: 84,334 square feet.
- Largest property: #111 (99,008 square feet).
Industrial properties:
- Average size: 171,968 square feet.
- Largest property: 1 Floor (803,520 square feet).

Hanover, PA Commercial Space Listings

Commercial Space for Lease - Breakdown

The 43 listings for commercial real estate currently available for rent in Hanover add up to 3,052,647 square feet across various property types. Here's a breakdown of the available space by category:

Property Type	Count of Listings	Total Sq. Ft.
Office	8	40,239
Retail	20	509,409
Industrial	12	2,076,547
Other	3	426,452

Office properties:

The market has 8 active office listings, encompassing 40,239 square feet.
Hanover office spaces currently listed on CommercialCafe represent 18% of the total commercial real estate market in Hanover, compared to an average of 40% across all markets tracked by CommercialCafe.

Retail Space:

There are 20 retail listings available, adding up to a total of 509,409 square feet.
Retail spaces account for approximately 46% of the local commercial market, while the average share taken up by retail in all U.S. markets is 35%.

Industrial Space:

The industrial market in Hanover offers 12 listings, amounting to 2,076,547 available square feet.
Industrial spaces, including warehouses and manufacturing sites, make up about 27% of the total commercial space available in the market, compared to a nationwide average of 24%.

Commercial Space for Sale - Breakdown

There are currently 23 properties listed for sale in the Hanover market, adding up to 1,800,111 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:

5 office properties
3 retail properties
11 industrial properties

Property Type	Count of Listings	Total Sq. Ft.
Office	5	68,038
Retail	3	20,296
Industrial	11	1,711,762
Other	4	15

Hanover, PA Commercial Real Estate for Lease and Sale

475 Fame Avenue

Grandview Plaza Shopping Center

Eichelberger Professional Center #311 & 312

1133 Baltimore St

1435 & 1449 Carlisle Pike

262 Church Street

Eisenhower Village

109 Third Street Rear

Hanover Commerce Park, Bldg. 1

Frequently Asked Questions

Hanover, PA Commercial Space Listings

Commercial Space for Lease - Breakdown

Commercial Space for Sale - Breakdown

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