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Home ON Hanover
595 1ST Street
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595 1ST Street $9,990,000
$9,990,000
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595 1ST Street
Hanover, Ontario N4N3V8

MLS® Number: 40668367

Listing 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! (68249412)

Location Description

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.

Property Summary

Property Type
Industrial
Storeys
0
Subdivision Name
Hanover
Title
Freehold
Land Size
5 - 9.99 acres
Annual Property Taxes
$30,335
Time on REALTOR.ca
22 days

Building

Interior Features
Basement Type
None
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water

Measurements

Square Footage
48000 sqft
Exterior Building Size
48000 sqft

Land

Lot Features
Frontage
399 ft
Land Depth
622 ft
Other Property Information
Zoning Description
M1
Data provided by: Cornerstone - Hamilton-Burlington 505 York Boulevard, Hamilton, Ontario L8R 3K4
519-889-0566
519-881-2694
Book showing
Oliver Gill