Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Radiant

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Block, Stone, Asbestos

  • Parking

    Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.41

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $479,900

  • Tax Amount

    $9,699

  • Zoning

    MIXED USED/COMMERCIAL DISTRICTS

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Stone, Block

  • Sewer

    Public Sewer

  • Tax Lot

    0035

  • Water Source

    Public

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Location

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Listing Courtesy of Kelly MacGregor , RE/MAX Quality Service, Inc.

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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!

217 FREDERICK STREET

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