ON > Hanover
Hanover, ON N4N 3V8,595 1st Street
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Hanover, ON N4N 3V8,595 1st Street
Hanover, ON N4N 3V8,595 1st Street
Hanover, ON N4N 3V8,595 1st Street
Hanover, ON N4N 3V8,595 1st Street
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Ivan Gascho

Ivan Gascho

+1(519) 573-7440
Listed by Oliver Gill • RE/MAX Escarpment Realty Inc.
$ 9,990,000
Est. payment /mo
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Active

595 1st Street Hanover, ON N4N 3V8

48,000 SqFt

UPDATED:

10/25/2024 02:45 PM

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

Copyright 2024 Information Technology Systems Ontario, Inc.

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

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595 1st Street