513 11th Avenue, Hanover, Ontario N4N 2S3

Listed for:
$399,000
0 beds
0 baths
Listed 36 days ago
513 11th Avenue, Hanover, Ontario N4N 2S3

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Learn more about this property
Listing provided by:
Vancor Realty Inc.
MLS® number:
40743713
Agent:
Corry Christopher Van Iersel
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About

513 11th Avenue, Hanover. From main street (10th Street), turn north onto 11th Ave. and will be on the east side of street. 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:27476)

Property Highlights

MLS® Number
40743713
Type
Retail
Ownership Type
Freehold
Land Size
0.07 ac|under 1/2 acre

Building

Storeys
1.00
Square Footage
1600 sqft
Amenities
Schools
Exterior Finish
Concrete
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location