-
Type: Store W/Apt/Office
-
Property Type: Commercial
-
Zoning: C1
-
Age: 100+ years
-
Taxes: 6014
-
MLS®#: X8229400
-
Added: Apr 12, 2024 (2 weeks ago)
-
Updated:
-
Last Checked: 3 hours ago
-
Listed By: RE/MAX HALLMARK CHAY REALTY
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.
Property
Status: Sale
Property Type: Store W/Apt/Office
Property Type: Store With Apt/Office
Age: 100+
Net Income: 51968
Area: Hanover
Community: Hanover
Availability Date: Flexible
Inside
Bathrooms: 4
Air Conditioning: Y
Washrooms: 4
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Closd
Freestanding: Y
Outside Storage: Y
Water Supply: Municipal
Parking
Garage Type: None
Covered Parking Spaces: 2
Fees
Tax Year: 2023
Taxes: $6,014
Expenses: Act
Insurance Fee: 3243
Hydro Expense: 4932
Heat Expenses: 1562
Taxes Type: Annual
Taxes: 6014
Water Fees: 1318
Land
Cross Street: 10th. & 9th Ave
Municipality District: Hanover
Parcel Number: 372040202
Lot Depth: 57.19 Feet
Lot Frontage: 42.37 Feet
Zoning: C1
Additional Media
- Virtual Tour: https://show.tours/v/Wntv4f8?b=0
Commercial Specific
Retail Area: 2374
Retail Area Metric: Sq Ft
Total Area: 3000
Total Area Metric: Sq Ft
Office Size: 1470
Office Size Metric: Sq Ft
Lot Code: Building
Survey: N
Gross Income/Sales: 69694
John Diefenbaker Senior School
Elementary: PublicDawnview Public School
Elementary: PublicSt Teresa of Calcutta Catholic School
Elementary: CatholicHoly Family Separate School
Elementary: CatholicWalkerton District Community School
Elementary: PublicHanover Heights Community School
Elementary: PublicWalkerton District Community School
Secondary: PublicWellington Heights Secondary School
Secondary: PublicNorwell District Secondary School
Secondary: PublicSacred Heart High School
Secondary: CatholicJohn Diefenbaker Senior School
Secondary: PublicF E Madill Secondary School
Secondary: Public
