513 11TH Avenue, Hanover, Ontario, N4N 2S3
$399,000MLS® # 40743713
Commercial For Sale In Hanover, Ontario
Property Information:
Welcome to 513 11th Ave, Hanover – a well-maintained commercial building offering a solid investment in a high-traffic, amenity-rich location. This versatile property features two fully-leased commercial units, currently home to a popular cannabis retailer and a well-established laundromat—both benefiting from strong foot traffic and consistent clientele. Strategically situated just steps from schools, apartment complexes, restaurants, and numerous local businesses, this property enjoys excellent visibility and accessibility. The surrounding community ensures steady patronage for both existing tenants and presents a strong draw for any future businesses. Whether you’re expanding your investment portfolio or seeking a reliable income property in a thriving area, 513 11th Ave is a turnkey opportunity with great cash flow potential. Seller may consider VTB options for a qualified buyer. Monthly gross income is $2830.00 (id:27)
Building Features:
- Style: Retail
- Basement Type: None
- Construction Material: Concrete block, Concrete Walls
- Exterior Finish: Concrete
- Fire Protection: Unknown
- Floor Space: 1600 sqft
Property Features:
- OwnershipType: Freehold
- Property Type: Retail
- Access Type: Road access
- Amenities Nearby: Schools
- Community Features: High Traffic Area
- Features: Visual exposure
- Floor Space (approx): 1600 Square Feet
- Lot Depth: 4.0 Feet
- Lot Frontage: 70.0 Feet
- Zoning: C1
- Sewer: Municipal sewage system
Courtesy of: Vancor Realty Inc.
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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.