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Warehouse

Industrial Distribution & Manufacturing Complex

48 E Hanover St, Biglerville, PA 17307

Listing Price: $16,500,000

Gross SF
354,660
Price/Gross SF
$46.52
Lot Size
163.99 acres
Year Built
1923
Rentable SF
354,660

Investment Overview

Marcus & Millichap is pleased to exclusively present 48 E Hanover St, situated on 163.99 acres in Biglerville, PA. The Subject Property currently operates as a specialized food operation for apple butter and beverages utilizing 354,660 SF compromising of main 4 buildings. Building A contains 61,600 SF, Building B includes 112,260 SF, Building C has 116,000 SF, and Building D contains 64,800 SF. There are an additional 18 buildings for potential reuse. These facilities sit on a 58.39 Acre parcel. The facility comprises approximately 11 loading docks, 5 Drive-In truck access, and rail service. The 58.39 Acre parcel is zoned as industrial, and the property contains the majority of all industrial zoned land in Biglerville. [See Page 8 for Zoning Classifications]. The remaining 105.6 Acres are unused vacant land. [See Page 10 for Zoning Classifications]. The site is located on an industrial and commercial corridor, with convenient access to US-30, US-15, I-83, I-81, and I-76 connecting residents throughout Southern Pennsylvania and the Harrisburg region, and Baltimore and Washington D.C. metro areas. The town of Biglerville anticipates a 2.5% annual population growth through 2026. The population maintains a strong bluecollar workforce, with 49% of those employed in this line of work.

Investment Highlights

  • 163.99 Acres of Industrial Zoned Land - The Subject Property Contains the Bulk of the Industrial Zoned Land in Biglerville
  • Optional Adaptive Re-Use or Demolition - 354,660 SF on a Total of 163.99 Acres
  • Conveniently Located - Near Major Interstates - US-30, US-15, I-83, I-81, and I-76
  • Located within a Day's Drive of 40% of the U.S. Population and 60% of the Canadian Population
  • Strong Blue-Collar Workforce With 2.5% Annual Population Growth

Exclusively Listed By

Financing By

Warehouse

Industrial Distribution & Manufacturing Complex

Listing Price: $16,500,000

Gross SF
354,660
Price/Gross SF
$46.52
Lot Size
163.99 acres
Year Built
1923
Rentable SF
354,660

Investment Highlights

  • 163.99 Acres of Industrial Zoned Land - The Subject Property Contains the Bulk of the Industrial Zoned Land in Biglerville
  • Optional Adaptive Re-Use or Demolition - 354,660 SF on a Total of 163.99 Acres
  • Conveniently Located - Near Major Interstates - US-30, US-15, I-83, I-81, and I-76
  • Located within a Day's Drive of 40% of the U.S. Population and 60% of the Canadian Population
  • Strong Blue-Collar Workforce With 2.5% Annual Population Growth

Investment Overview

Marcus & Millichap is pleased to exclusively present 48 E Hanover St, situated on 163.99 acres in Biglerville, PA. The Subject Property currently operates as a specialized food operation for apple butter and beverages utilizing 354,660 SF compromising of main 4 buildings. Building A contains 61,600 SF, Building B includes 112,260 SF, Building C has 116,000 SF, and Building D contains 64,800 SF. There are an additional 18 buildings for potential reuse. These facilities sit on a 58.39 Acre parcel. The facility comprises approximately 11 loading docks, 5 Drive-In truck access, and rail service. The 58.39 Acre parcel is zoned as industrial, and the property contains the majority of all industrial zoned land in Biglerville. [See Page 8 for Zoning Classifications]. The remaining 105.6 Acres are unused vacant land. [See Page 10 for Zoning Classifications]. The site is located on an industrial and commercial corridor, with convenient access to US-30, US-15, I-83, I-81, and I-76 connecting residents throughout Southern Pennsylvania and the Harrisburg region, and Baltimore and Washington D.C. metro areas. The town of Biglerville anticipates a 2.5% annual population growth through 2026. The population maintains a strong bluecollar workforce, with 49% of those employed in this line of work.

Exclusively Listed By

Financing By

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