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$495,000 total
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Asset Class
Office
Size
—
Building class
A
Zoning
CO — Commercial Office
$ / SF
—
Occupancy
97%
Lot Size
0.38 ac
Put your business in the spotlight in Hanover! This commercially zoned property offers a high-traffic, high-visibility location close to major big-box stores and banks, positioning your business where customers already shop and access everyday services. A large lot and detached garage provide valuable space and flexibility, while the existing home offers potential for business premises or a live-and-work setup. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$34K
Annual cash flow
$7K
Cash-on-cash
4.47%
DSCR
1.24
Going-in cap
6.88%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
125,812
Households
45,964
Median income
$134,000
Median age
36.6
Daytime population
164,052
5-yr growth
6.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1056 10TH STREET, Hanover.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.