595 1st Street , Hanover, ON N4N 3V8
Hanover, ON N4N 3V8
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!
Details
| Mls | 40668367 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Days On Site | 47 |
| Listing Provided By | RE/MAX Escarpment Realty Inc. | Oliver Gill |
Features
| Sq Feet | 48,000 |
|---|---|
| Zoning | M1 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Grey |
| City | Hanover |
| Zip Code | N4N 3V8 |
| Area | Hanover |
| Subarea | Hanover |
| Community Name | Hanover |
| Listing VS Median (in Hanover) | |
Price: $9,990,000 low | high Med: $535,000 SqFt: 48,000 low | high Med: 1,059 $ / SqFt: $208 low | high Med: $505 On Site: 47 low | high Med: 69.000000 | |