
311 10TH STREET, Hanover, ON N4N1P1
$100,000 total
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Asset Class
Land
Size
—
Building class
B
Zoning
AG — Agricultural
$ / SF
—
Occupancy
98%
Lot Size
7868.41 ac
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)
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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.
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.
Confidential diligence documents for 311 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.