Description

Flexible Layout: Versatile interior for retail operations. Prime Location: Freestanding retail building near the Downtown core High Traffic Area: Perfect for high -visibility urban retail. High Visibility: Both vehicular and pedestrian traffic. Corner Lot: Positioned with enhanced accessibility and visibility. Ample Parking: Onsite drive-up parking for customer convenience. Zoning: C-1 zoning allows for a variety of commercial uses. 2,050 SF on 0.35 Acres. (id:66096)

Property Details

MLS®: 40786371
Property Type: Retail
Zoning: C-1
Interior Size: 2,050 ft²
Lot Size: 15,507 sq ft (0.35 ac)
Frontage: 110 ft
Building Area: 2,050 ft²
Storeys: 1
Basement: None
Ownership: Freehold
Property Tax: $9,773.73/yr
Listed: 362 days ago

Features

Exterior: Concrete

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

362d

Hanover listings, avg age

116d

Price / ft²

$434

List price

$890K

Homes here sell slower than most markets

Sold homes in this market spent an average of 73 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

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Area context

Neighbourhood profile (N4N)

This home lists at $890,000, about 12.2× the local median household income of $73,000.

Carrying it typically needs a household income of about $173,848 (20% down, 25-yr amortization, stress-tested) — roughly 138% above the area median.

Median household income: $73,000
Population: 10,341
Median age: 49.6
Owner / renter: 70% / 30%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N4N)

$890,000· $434/ft²

For sale

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Financing

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189 10TH Street, Hanover - Retail for Sale