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$ 399,000
Est. payment /mo
Price Dropped by $50K
513 11TH Avenue Hanover, ON N4N2S3
1,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $249
Subdivision Hanover
MLS® Listing ID 40743713
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Freehold
Source Cornerstone Association of REALTORS®
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Vancor Realty Inc.
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