$216.33 Per Sq Foot $3,484 est/mo Sourced by Back At You

302 10th Street,Hanover, ON N4N 1P3

Hanover ON, N4N 1P3

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Description

Rare & Incredible Opportunity To Own One Of Grey County's Most Beautiful Buildings! This Incredible Building Was Built In The Early 1900s And Has So Much To Offer Any Hungry Investor. With A 8% Annual Cap Rate This Property Would Make A Wonderful Accompaniment To Anyone's Portfolio. This Historic Building Offers 2 Fully Leased Commercial Spaces & A Generous Sized Residential Unit. The Main Commercial Unit Is Currently Leased Long Term To A Popular Cannabis Franchise. The Main Floor Unit Is Simply Stunning With Soaring Vintage Style Tin Ceiling, Oversized Arched Stained Glass Windows & Beautiful Mosaic Tiled Floors. Once Upon A Time This Building Was One Of Largest Banks In Town, Many Of The Bank Vaults Still Remain As A Super Nifty Property Feature. The Lower Unit Is Leased Out To A Wonderful Local Embroidery Shop. Each Commercial Space Has Their Own Private Washroom. The Upper Level Offers A Massive 3 Bedroom Residential Apartment With High Ceilings, Large Windows, A 4-Piece Bath With Laundry, Loads Of Storage Space, A 2Pc Powder Room, Large Eat-In Kitchen, Dining Room & Generous Sized Livingroom. This Building Is In Great Condition & Has Been Well Maintained Over The Years. The Location Is Truly Ideal, Situated On A Busy Corner In Hanover's Thriving Downtown Core.

Details

MLS#40570403
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site100
Listing Provided ByRE/MAX Hallmark Chay Realty Brokerage | Linda Mctavish

Features

SQ Feet3,000
BasementY
Story(s)2
ZoningC1
Acreage0.06
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Listings Checked: 4 minutes ago
ProvinceON
CountyGrey
CityHanover
Postal CodeN4N 1P3
AreaHanover
SubareaHanover
Community NameHanover
Listing VS Median (in Hanover)
Price:
$649,000
low | high
Med:
$649,000
50% of Average
SqFt:
3,000
low | high
Med:
3,000
50% of Average
$ / SqFt:
$216
low | high
Med:
$216
50% of Average
On Site:
100
low | high
Med:
100
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 5:00:10 PM PDT