$649,000
FOR SALE

Store W/Apartment/Office

Lot: 42.37 x 57.19 ftTotal Area: 3,000 ft2
2023 Taxes: $6,014Maintenance Fees: $657

302 10th St
Hanover, ON N4N 1P3 | Grey County

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....
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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Listed By RE/MAX HALLMARK CHAY REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8229400
Last Updated Apr 12, 2024
Property Summary
Property Type Store W/Apartment/Office

More like this:
Category Store With Apt/Office
PIN 372040202
Occupancy Tenant
Possession Date Flexible
Taxes (2023) $6,014
Tax Type Annual
Maintenance Fees $657
Directions/Cross Streets 10th. & 9th Ave
Neighbourhood Hanover
Area Grey County
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Bathrooms 4
Lot 42.37 x 57.19 ft
Retail Area 2,374 ft2
Office/Apt Area 1,470 ft2
Total Area 3,000 ft2
Approximate Age 100+
Air Conditioning Y
Basement Y
Garage Type None
Parking Spaces 2
Heat Type Gas Forced Air Closd
Gross Income/Sales $69,694
Net Income Before Debt $51,968
Hydro Expense $4,932
Water Expense $1,318
Heat Expenses $1,562
Insurance Expense $3,243
Taxes Expense $6,014
Expenses Actual/Estimated Act
Outside Storage Y
Utilities Y
Water Municipal
Survey N
Lot/Bldg/Unit Code Building
Zoning C1
Seller Property Info Statement N

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