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, 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. The Location Is Truly Ideal, Situated On A Busy Corner In Hanover's Thriving Downtown Core. (id:47421)
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
Lot
42 x 57 ft
Communication Type
High Speed Internet
Community Features
High Traffic Area
Listing Contract Date
2024-04-12
Location Description
AT THE CORNER OF 10TH STREET AND 9TH AVENUE
Ownership Type
Freehold
# of Parking Spaces
2
Property Type
Office
Transaction Type
For sale
Zoning Description
C1
Building
Basement Type
Partial
Constructed Date
1900
Exterior Finish
Brick, Stucco
Stories Total
2
Size (Exterior)
3000
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Telephone
Available
Land
Total Size
0.06 acres
Access Type
Road access
Sewer
Municipal sewage system
Size of Irregular Land
0.06
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