Hanover, ON N4N 2S3,513 11th Avenue
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$ 399,000
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513 11th Avenue Hanover, ON N4N 2S3

1,600 SqFt


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Key Details

Property Type Commercial

Sub Type Retail,Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $249

MLS Listing ID 40743713

Abv Grd Liv Area 1,600

Annual Tax Amount $2,539

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Retail,Commercial

Source Cornerstone

Property Description

Welcome to 513 11th Ave, Hanover – a well-maintained commercial building offering a solid investment in a high-traffic, amenity-rich location. This versatile property features two fully-leased commercial units, currently home to a popular cannabis retailer and a well-established laundromat—both benefiting from strong foot traffic and consistent clientele.

Strategically situated just steps from schools, apartment complexes, restaurants, and numerous local businesses, this property enjoys excellent visibility and accessibility. The surrounding community ensures steady patronage for both existing tenants and presents a strong draw for any future businesses.

Whether you're expanding your investment portfolio or seeking a reliable income property in a thriving area, 513 11th Ave is a turnkey opportunity with great cash flow potential. Seller may consider VTB options for a qualified buyer.

Monthly gross income is $2830.00

Location

Province ON

County Grey

Area Hanover

Zoning C1

Direction 513 11th Avenue, Hanover. From main street (10th Street), turn north onto 11th Ave. and will be on the east side of street.

Rooms

Basement None

Kitchen 0

Interior

Fireplace No

Exterior

Parking Features Public

Street Surface Paved

Lot Frontage 70.01

Lot Depth 4.26

Garage No

Building

Lot Description Irregular Lot, City Lot, High Traffic Area, Schools, Visual Exposure, Other

Faces 513 11th Avenue, Hanover. From main street (10th Street), turn north onto 11th Ave. and will be on the east side of street.

Story 1

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 1

Structure Type Block

New Construction No

Others

Senior Community false

Tax ID 372030014

Ownership Freehold/None


Listed by Vancor Realty Inc.
Ivan Gascho

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

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513 11th Avenue