Business For Sale · Land

311 10TH STREET, Hanover

311 10TH STREET, Hanover, ON N4N1P1

$100,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

98%

Lot Size

7868.41 ac

About this property

An Exceptional Commercial Offering In The Heart Of Hanover, Perfectly Situated Along The Town's Bustling Main Thoroughfare. This Prime Parcel Is Zoned C1 (Core Commercial), Unlocking A Wide Array Of Permitted Uses Including Retail Boutiques, Professional Offices, Restaurants, Cafes, Personal Service Shops, And More-An Ideal Canvas For Entrepreneurs And Investors Alike. Surrounded By A Thriving Mix Of Local Businesses And Community Staples, The Property Benefits From Consistent Foot Traffic, Strong Visibility, And A Loyal Customer Base Drawn From The Town And Surrounding Areas. Hanover Is Known For Its Welcoming Atmosphere, Growing Economy, And Tight-Knit Community Feel, Making It A Destination Where Businesses Can Truly Flourish. Just Steps From Everyday Amenities, Parks, Schools, And Recreational Facilities, This Location Offers The Perfect Balance Of Commercial Opportunity And Small-Town Charm. With Excellent Accessibility, Ample Nearby Parking Options, And A High-Exposure Setting, This Is A Rare Chance To Establish Your Presence In One Of Grey County's Most Vibrant And Supportive Communities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$100K
Down payment30% · $30K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$462

Projected NOI

$6K

Annual cash flow

$-36

Cash-on-cash

-0.12%

DSCR

0.99

Going-in cap

5.51%

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.

Area demographics

Trade area within 3 miles of the property.

Population

81,519

Households

30,639

Median income

$83,500

Median age

44.3

Daytime population

76,585

5-yr growth

7.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 311 10TH STREET, Hanover.

NDA required
  • 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.