Outstanding investment and redevelopment opportunity in one of Hershey's most desirable locations! Situated in the highly sought-after Derry Township School District, this property is zoned Palmdale Mixed Use (PMU), offering a unique blend of residential and commercial possibilities for investors, business owners, or future owner-occupants. The existing bungalow offers approximately 1,400 square feet of living space with a full basement, walkout garage, and finished attic that provides flexible space for a third bedroom, home office, or bonus room. While the property would benefit from updating, it is currently tenant-occupied, providing immediate rental income. The tenant would like to remain but can vacate with 60 days' notice if desired. The true value lies in the property's highly desirable PMU zoning and exceptional location just minutes from downtown Hershey, Penn State Health Milton S. Hershey Medical Center, Hersheypark, shopping, dining, and major commuter routes. Whether you're looking to renovate, continue as an investment property, or explore the many possibilities permitted under the Palmdale Mixed Use zoning district, this property presents an outstanding opportunity in a location where demand continues to grow. Buyers are encouraged to verify permitted uses with Derry Township.