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Hanover,ON N4N 3V8
Key Details
Property Type Commercial
Sub Type Industrial,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 48,000 sqft
Price per Sqft $208
MLS Listing ID 40668367
Abv Grd Liv Area 48,000
Originating Board Hamilton - Burlington
Annual Tax Amount $30,335
Property Description
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!
Location
Province ON
County Grey
Area Hanover
Zoning M1
Direction Heading north on Grey Rd. 10/10th Avenue, turn right onto 11th Avenue. Follow to 14th avenue & turn right. Turn left onto 1st Street. Destination is on the right.
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Exterior
Waterfront No
Lot Frontage 399.0
Lot Depth 622.0
Garage No
Building
Lot Description None
Faces Heading north on Grey Rd. 10/10th Avenue, turn right onto 11th Avenue. Follow to 14th avenue & turn right. Turn left onto 1st Street. Destination is on the right.
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 372110962
Ownership Freehold/None