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595 1st Street Hanover, Ontario N4N 3V8

48000 sqft
Acreage

$9,990,000

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:50886)

Property Details

MLS® Number 40668367
Property Type Industrial

Building

BasementType None
SizeExterior 48000.0000
SizeInterior 48000 Sqft
UtilityWater Municipal Water

Land

Acreage Yes
Sewer Municipal Sewage System
SizeDepth 622 Ft
SizeFrontage 399 Ft
SizeTotalText 5 - 9.99 Acres
ZoningDescription M1

https://www.realtor.ca/real-estate/27581045/595-1st-street-hanover

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Oliver Gill
Salesperson


RE/MAX Escarpment Realty Inc.
1595 Upper James St Unit 4b
Hamilton, Ontario L9B 0H7

Paul Kueneman
Broker


Wilfred Mcintee & Co Ltd Brokerage (Walkerton)
Box 549, 11 Durham Street West
Walkerton, Ontario N0G 2V0

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