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$ 9,990,000
Est. payment /mo
Active
595 1st ST Hanover, ON N4N 3V8
48,000 SqFt
UPDATED:
10/26/2024 03:18 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 48,000 sqft
Price per Sqft $208
MLS Listing ID X9512526
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.
Location
Province ON
County Grey County
Community Hanover
Area Grey County
Zoning M1
Region Hanover
City Region Hanover
Interior
Cooling Yes
Exterior
Utilities Available Available
Others
Security Features Yes
Listed by RE/MAX ESCARPMENT REALTY INC.