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! (id:47423)
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Detailed Information
Lot
392 x 661 ft
Amenities Nearby
Hospital
Community Features
Industrial Park
Listing Contract Date
2024-09-30
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.
Ownership Type
Freehold
Property Type
Industrial
Transaction Type
For sale
Zoning Description
M1
Building
Basement Type
None
Stories Total
1
Size (Exterior)
48750
Utility Water
Municipal water
Land
Total Size
5 - 9.99 acres
Acreage
Yes
Amenities
Hospital
Sewer
Municipal sewage system
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