595 1st Street Active Save Request In-Person Tour Request Virtual Tour
Hanover,ON N4N 3V8
Key Details
Property Type Commercial
Sub Type Industrial,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 48,750 sqft
Price per Sqft $204
MLS Listing ID 40646131
Abv Grd Liv Area 48,750
Originating Board Grey Bruce Owen Sound
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
State 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 392.0
Lot Depth 661.0
Garage No
Building
Lot Description Rectangular,Ample Parking,City Lot,Hospital,Industrial Park
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.
Story 1
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 1
New Construction No
Others
Senior Community false
Tax ID 372110962
Ownership Freehold/None