513 11TH Avenue, Hanover, Ontario, N4N2S3

Property Description

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:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: None
• Living Area: 1,600 sq ft (148.6 m²)
• Ownership: Freehold
• Lot Size: 0.0700 acres (0.03 ha)
• Frontage: 70 ft (21.3 m)

Costs

• Annual Taxes: $2,539.52

Listing Provided by: Vancor Realty Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.