Address
302 10th St, Hanover, ON
Price
$ 649,000
Property Attributes
  • ID#X8229400
  • TypeCommercial
  • CityHanover
  • AreaHanover
  • NeighbourhoodHanover
  • Postal CodeN4N 1P3
  • Style
  • Taxes$ 6014
  • Price$ 649,000
  • Bedrooms0
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3000
Data Source:
Toronto Real Estate Board (TRREB)
Property 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....Continued....

Price History
4/12/2024 Listed $649,000

General Features

Utilities Yes
Water Municipal
Zoning C1
Extras 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
Heater Type Gas Forced Air Closd
Parking Spaces 2
Community Amenities Hanover
Area Grey County
Tax Year 2023
Maintenance 657.00
Survey No
Lot Depth 57.19
Basement Yes
Freehold Yes
HydroExpense 4932
Insurance Expense 3243
Status A
Taxes 6014.00
Category Store With Apt/Office
ApproxAge 100+
Property Sub Type Store W/Apt/Office
Lot Front 42.37
Type .Y.

Interior Features

A/C Yes
HeatExpenses 1562
Washrooms 4

Exterior Features

Garage Type None

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in N4N 1P3

Price
AVG $650K
$650K
Taxes
AVG $6,014
$6,014
Visits
AVG 39
40
Data Provided by Inside Real Estate®

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