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:47421)
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Detailed Information
Lot
70 x 4 ft
Amenities Nearby
Schools
Community Features
High Traffic Area
Features
Visual exposure
Listing Contract Date
2025-07-03
Location Description
513 11th Avenue, Hanover. From main street (10th Street), turn north onto 11th Ave. and will be on the east side of street.
Ownership Type
Freehold
Property Type
Retail
Transaction Type
For sale
Zoning Description
C1
Building
Basement Type
None
Construction Material
Concrete block, Concrete Walls
Exterior Finish
Concrete
Fire Protection
Unknown
Stories Total
1
Size (Exterior)
1600
Utility Water
Municipal water
Land
Total Size
0.07 acres
Access Type
Road access
Amenities
Schools
Sewer
Municipal sewage system
Size of Irregular Land
0.07
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