Excellent investment opportunity in the town of Hanover. This commercial building has great visual exposure, public parking out back and nets $23,654 a year. Currently there are 3 units that are all rented out. The main floor consists of 1,320 square feet of commercial space that is rented to and established business. The second level offers a 1,320 square foot 3 bedroom apartment with a private deck. Finally there is detached garage that can accommodates 2 vehicles. The building has had extensive renovations. In 2020 the main commercial united was gutted and redone which included wiring, plumbing and a upgraded exterior. The store roof was done in 2021. Heat and hydro are paid for by the tenants. |
Price | $549,900 |
Taxes: | $3216.00 |
Assessment: | $132000 |
Assessment Year: | 2024 |
Occupancy by: | Tenant |
Address: | 209 10TH St , Hanover, N4N 1N8, Ontario |
Postal Code: | N4N 1N8 |
Province/State: | Ontario |
Legal Description: | LT C PL 780 HANOVER T/W GS140954; S/T IN |
Lot Size: | 15.90 x 152.40 (Feet) |
Directions/Cross Streets: | 209 10th Street Hanover (Across the street from the movie theater). |
Category: | With Property |
Total Area: | 2640.00 |
Total Area Code: | Sq Ft |
Chattels: | Y |
Insurance Expense: | $4080 |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
PEAK EDGE REALTY LTD., Brokerage |
|
Book Showing | Email a Friend |
Type: | Com - Sale Of Business |
Area: | Grey County |
Municipality: | Hanover |
Neighbourhood: | Hanover |
Lot Size: | 15.90 x 152.40(Feet) |
Tax: | $3,216 |