Welcome to a remarkable commercial building in Hanover, Ontario that features 26 separate rental units, each thoughtfully designed with its own bathroom, a man door, and an overhead door. This versatile space is wide open, making it ideal for a variety of business ventures. The building boasts a robust 3-phase electrical system, ensuring it meets the demands of modern enterprises. Each unit is equipped with its own hydro and gas meters, providing tenants with independent utility management. Ample parking is available for both tenants and customers, along with a conveniently shared loading dock for easy deliveries. Additionally, this property presents exciting expansion potential, with room for an additional commercial building. The current owner is actively working on a condo conversion plan, which would allow for the individual sale of each unit in the future. Don't miss this rare opportunity to invest in a flexible commercial property with significant growth potential. Contact your agent today for more details! |
Price | $9,990,000 |
Taxes: | $30335.00 |
Assessment: | $1148000 |
Assessment Year: | 2024 |
Occupancy by: | Vacant |
Address: | 595 1ST St , Hanover, N4N 3V8, Ontario |
Postal Code: | N4N 3V8 |
Province/State: | Ontario |
Legal Description: | PT LT 7 CON 2 SDR BENTINCK PTS 2 AND 3 1 |
Lot Size: | 392.00 x 661.00 (Feet) |
Directions/Cross Streets: | Heading north on Grey Rd. 10/10th Avenue, turn right onto 11th Avenue. Follow to 14th avenue & turn |
Category: | With Property |
Total Area: | 48750.00 |
Total Area Code: | Sq Ft |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
WILFRED MCINTEE & CO LTD Brokerage (Walkerton) |
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Book Showing | Email a Friend |
Type: | Com - Sale Of Business |
Area: | Grey County |
Municipality: | Hanover |
Neighbourhood: | Hanover |
Lot Size: | 392.00 x 661.00(Feet) |
Tax: | $30,335 |