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$549,900
Status: For Sale
Excellent investment opportunity in the town of Hanover. This commercial building has great visual exposure, public parking out back and nets $23,654 a year. Currently there are 3 units that are all rented out. The main floor consists of 1,320 square feet of commercial space that is rented to and established business. The second level offers a 1,320 square foot 3 bedroom apartment with a private deck. Finally there is 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. Heat and hydro are paid for by the tenants.
| Property Type | :Commercial Sale |
|---|---|
| MLS Number | :40578045 |
| Listing Type | :Sale |
| Property Age | :100+ Years years |
| Possession Date | : |
| Last Updated | :26 Sep, 2024 (39 Days ago) |
| Source | :Grey Bruce Owen Sound |
| Area | :Grey County |
|---|---|
| City | :Hanover |
| Area Major | :Hanover |
| Area Minor | :Hanover |
| Postal Code | :
N4N 1N8
|
| Directions | :209 10th Street Hanover (Across the street from the movie theater). |
| Price | : $549,900 |
|---|---|
| Property Taxes | :$3216 |
| Tax Year | :2023 |
|---|
| Bedrooms | :2 + |
|---|---|
| Place of Worship | :No |
| Approx Square Footage | :2640 sqft |
|---|
| Basement | :Full |
|---|
| Garage | :2 |
|---|
27 Apr, 2024
TREB #40578045
Listed
$549900
