241 North Franklin Street Listing Details & Market Data

241 N Franklin St is part of a Pennrose redevelopment project located in downtown Hanover, Pennsylvania. The majority of the property is five-story multi-family renovation. 241 N Franklin was originally used as a boiler room for the manufacturing at the Hanover Shoe facility. It is a freestanding building that shares parking with the tenants of the multi-family buildings.

The building is extremely unique. The building has exposed brick walls, 18’-30’ high ceilings, many windows on all sides of the building, concrete floors, heat/AC, heavy power, and restrooms. There are many re-uses of this building that would include retail, office, restaurant (possible parking limitations). The lease rate is $10.00/SF plus NNN utilities

This property is located in Hanover, Pennsylvania approximately 15-minute drive time to the PA/MD line. Hanover has a great manufacturing, residential and retail base. This property is located approximately 2 1⁄2 blocks north of the Ha- nover square. Neighboring uses include the Guthrie Memorial Library, Hanover Chamber of Commerce, and numerous retail and professional office uses.