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Sona Bhalla

Broker
HouseSigma Inc, Brokerage Independently owned and operated. 15 Allstate Parkway #629, Markham, Ontario L3R5B4 Cell: 647-992-7653Office: 647-360-2330

$9,990,000
Available - For Sale
Listing ID: X9512526
595 1st St , Hanover, N4N 3V8, Ontario


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.
Price $9,990,000
Taxes: $30335.00
Tax Type: Annual
Occupancy by: Vacant
Address: 595 1st St , Hanover, N4N 3V8, Ontario
Postal Code: N4N 3V8
Province/State: Ontario
Lot Size: 399.00 x 622.00 (Acres)
Directions/Cross Streets: 14th Avenue /18th Avenue
Category: Free Standing
Use: Factory/Manufacturing
Building Percentage: Y
Total Area: 48000.00
Total Area Code:  Sq Ft
Industrial Area: 48000
Office/Appartment Area Code: Sq Ft
Approximatly Age: 0-5
Sprinklers: Y
Rail: N
Clear Height Feet: 20
Truck Level Shipping Doors #: 0
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San Avail
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT REALTY INC.
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Sona Bhalla
Broker
Dir:
647-992-7653
Bus:
647-360-2330
 
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At a Glance:
Type: Com - Industrial
Area: Grey County
Municipality: Hanover
Neighbourhood: Hanover
Style:
Lot Size: 399.00 x 622.00(Acres)
Approximate Age: 0-5
Tax: $30,335
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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