Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Other

  • Heating YN

    YES

  • Heating

    Natural Gas, Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.39

  • Lot Size(square feet)

    17,001

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $2,080,000

  • Tax Amount

    $1,177

  • Zoning

    High density residential

  • Sq. Footage

    11,200

  • Price/SqFt

    $185

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • New Construction

    YES

  • Sewer

    Public Sewer

  • Tax Lot

    0371

  • Water Source

    Public

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Location

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YORK

Elementary School

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Listing Courtesy of Naomi E Brown, Clear Multifamily LLC

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Presenting Centennial Court, a newly designed eight-unit townhome development on Centennial Avenue in the heart of Hanover, York County, Pennsylvania. This project is in construction stage. Architect-designed by Duckham Architecture & Interiors, the project consists of two four-unit buildings totaling 11,200 square feet, with each unit offering 1,400 SF across three stories — three bedrooms, two bathrooms, a first-floor family room, dining room, kitchen, mudroom, powder room, and private front porch and rear patio. The craftsman-influenced exterior features stone veneer, board-and-batten siding, and pitched gable rooflines, delivering the kind of curb appeal that attracts and retains quality tenants. 
All utilities are separately metered and paid by tenants, and the exterior is tenant-maintained, keeping operating costs lean. At an asking price of $2,080,000 ($260,000 per unit), the project is offered at a 6.42% CAP rate with projected rents of $2,100 per unit per month.
Hanover is an ideal location for this type of investment. The borough's population of approximately 17,000 is growing steadily, and nearly half of all households are renters — a built-in, durable demand base. Yet the housing stock is aging, and new construction of this quality is genuinely scarce. 
Centennial Court's downtown location puts residents within walking distance of Hanover's commercial core, parks, and community amenities — exactly the kind of walkable, low-maintenance living that today's renters seek and are willing to pay a premium for.

238 CENTENNIAL AVENUE

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Related Properties

Well-maintained 17,700 SF industrial/manufacturing facility situated on 2.95 acres within Hanover's established industrial corridor. Constructed in 2008, the property offers approximately 5,760 SF of office and support space with central air conditioning and approximately 11,940 SF of warehouse/manufacturing area. Features include 400-amp three-phase electric service, wet sprinkler system, overhead warehouse heating, 6-inch reinforced concrete floors, 3 dock-high loading doors, three mechanical dock levelers, plus one drive-in door with ramp access, and accommodations for 53-foot trailers. The building has been meticulously maintained with a professionally managed metal roof, updated HVAC equipment, and modern lighting improvements. Attractive landscaping, 28 paved parking spaces, and approximately 6,400 SF of expansion potential make this an excellent opportunity for manufacturing, assembly, packaging, distribution, medical supply, or owner-user operations.
Convenient access to PA Route 94, PA Route 116, and the Maryland state line. Property will be delivered vacant, offering flexibility for owner-users, manufacturers, distributors, or investors.
Blueprints have been uploaded into the MLS.
PLEASE CONTACT CO AGENT CINDY CLIPP FOR ALL QUESTIONS & SHOWINGS
#PAAD2023964

HANOVER

185 RAM DRIVE

None Beds

None Baths

17,700 Sq.Ft.

$2,200,000

MLS#: PAAD2023964

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