For Sale

209 10TH Street, Hanover, Ontario N4N 1N8

$489,900

209 10TH Street, Hanover, Ontario N4N 1N8 is For Sale and has a listing price of 489,900. The property is located in the Hanover neighbourhood . It's been on the website for 25 Days.

  • Sale Of Business
    Property Type
  • MLS ID: X10850467
  • Office Name PEAK EDGE REALTY LTD., Brokerage
Property Description

Excellent investment opportunity in the town of Hanover. This commercial building has great visual exposure, public parking out back. The main floor consists of 1,320 square feet of commercial space that was recently renovated and is currently leased out for the next 2 years. The second level offers a 1,320 square foot 3 bedroom apartment with a private deck that is in the process of being leased. There is also a detached garage that can accommodates 2 vehicles. The building has had extensive renovations. In 2020 the main commercial united was gutted and redone which included wiring, plumbing and a upgraded exterior. The store roof was done in 2021. Two separate gas and hydro meters. The owner would like to lease back the garage. There is a full unfinished basement, perfect for extra storage. This property will gross $43,800 once fully rented.

Property Details
  • MLS ID: X10850467
  • Price: $489,900
  • Lot Depth: 152.4
  • Transaction Types: For Sale
  • Ref ID: X10850467
  • Year Built: N/A
  • Dir / Cross St: 209 10th Street Hanover (Across the street from the movie theater).
  • Status: Active
  • Tax Year: 2023
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
04/27/2024 X10850467 $489,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Hanover
  • $704,963 Average List Price
    based on 1 year
  • 2 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 87.8 % Up
  • Sold (12mo) 30
  • Rented (12mo) 2

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 88 Walk Score
    Very Walkable
  • 57 Bike Score
    Bikeable
Additional Details
  • Heat Type Y
  • Garage Type Double Detached
  • Parking Spaces: N/A
  • Kitchen Y
  • Taxes: $3,216
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 27/04/2024 13:49:25
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