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302 10th St

Hanover, ON N4N 1P3
  • $699,999
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: X6754700
UPDATED: 110 min ago
$699,999
  • 0
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
County:
Area:

School Ratings & Info

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 7.25% 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....

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 The Years.

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Listing information © 2023 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Mana Real Estate | Royal Canadian Realty. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2023-09-29T12:45:08.347.
www.manarealty.ca/homes/142607298
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302 10th St Hanover, ON N4N 1P3

  • Price: $699,999
  • Status: Active
  • On Site: 41 Days
  • Updated: 110 min ago
  • MLS #: X6754700
0
Beds
4
Baths
0
½ Baths
N/A
Acres
Neighbourhood:
Hanover
County:
Ontario
Area:
Hanover
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 7.25% 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....

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 The Years.
Exterior Features

Freestanding Yes Garage Type None Lot Depth 57.19 Lot Front 42.37 Lot Size Code Feet Outside Storage Yes Parking Spaces 2

Interior Features

Air Conditioning Part Basement Y Electric Amps 400 Heat Type Gas Forced Air Closd Office Apartment Area 1470 Office Apartment Area Code Sq Ft Retail Area 2374 Retail Area Code Sq Ft Total Area 3000.00 Total Area Code Sq Ft

Property Features

Approx Age 100+ Category Store With Apt/Office Commercial Type Store W/Apt/Office Crane N Cross Streets 10th St. & 9th Ave Expenses Actual Or Estimated Act Financial Statement Yes Gross Income Sales 68023 Heat Expenses 1562 Hydro Expense 4932 Insurance Expense 3243 List Price Type For Sale Lot Code Building Net Income Before Debt 50954 Occupancy Tenant Sale Or Lease Sale Seller Property Info Statement No Sprinklers Y Survey No Tax Year 2023 Taxes 6014.00 Taxes Expense 6014 Taxes Type Annual Utilities Y Water Municipal Water Expense 1318 Zoning C1

Listing courtesy of Re/Max Hallmark Chay Realty.
Listing information © 2023 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Mana Real Estate | Royal Canadian Realty. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2023-09-29T12:45:08.347.
 
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