595 1ST ST Active

Hanover,ON N4N 3V8

$ 9990000

- Bed

- Bath

48750 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 48,750 sqft

Price per Sqft $204

MLS Listing ID X10845895

Annual Tax Amount $30,335

Tax Year 2024

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 County

Community Hanover

Area Grey County

Region Hanover

City Region Hanover

Rooms

Kitchen 0

Interior

Cooling Unknown

Fireplace No

Exterior

Pool None

Utilities Available Unknown

Roof Type Unknown

Building

Unit Features Hospital

New Construction false

Others

Security Features Unknown

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