290 10TH Street, Hanover - Office for Sale
290 10TH Street, Hanover, Ontario, N4N1P2
3,990 ft²Listed 768 days ago
Overview
This office property in Hanover is for sale offering roughly 3,990 sq ft of space.
$450,000
Hanover
290 10TH Street, Hanover, Ontario, N4N1P2
This office property in Hanover is for sale offering roughly 3,990 sq ft of space.
$450,000
Hanover
A fantastic investment opportunity in the heart of downtown Hanover! Located on Main Street, this commercial property offers excellent visibility and a great opportunity to add to your investment portfolio. The building features two commercial units, offering approximately 1,350 sq. ft. and 1,440 sq. ft. of space, both currently rented, along with a one-bedroom apartment upstairs. With multiple rental units and a prime downtown location surrounded by local businesses, this property has plenty to offer investors looking to establish themselves in Hanover's busy downtown core. Whether you're looking to expand your investment portfolio or secure a commercial property in a desirable location, this one is worth a look! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 768 days on market, against an average age of 116 days across the listings currently for sale in this city
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.
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Approximate location — exact address confirmed upon showing
This home lists at $450,000, about 6.2× the local median household income of $73,000.
Carrying it typically needs a household income of about $87,901 (20% down, 25-yr amortization, stress-tested) — roughly 20% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4N)
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