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 7.25% 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, 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. The Location Is Truly Ideal, Situated On A Busy Corner In Hanover's Thriving Downtown Core. (id:51004)
| MLS® Number | 40470530 |
| Property Type | Office |
| Communication Type | High Speed Internet |
| Community Features | High Traffic Area |
| Parking Space Total | 2 |
| Basement Type | Partial |
| Constructed Date | 1900 |
| Exterior Finish | Brick, Stucco |
| Stories Total | 2 |
| Size Exterior | 3000.0000 |
| Utility Water | Municipal Water |
| Access Type | Road Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 57 Ft |
| Size Frontage | 42 Ft |
| Size Irregular | 0.06 |
| Size Total | 0.06 Ac|under 1/2 Acre |
| Size Total Text | 0.06 Ac|under 1/2 Acre |
| Zoning Description | C1 |
| Electricity | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/25962899/302-10th-street-hanover
(705) 722-7100
(705) 722-5246
www.remaxchay.com
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