This retail property in Hanover is for sale offering roughly 7,000 sq ft of space. It has been on the market 1 day, fresher than the Hanover average of 119 days.
Welcome To 451 10th Street, Hanoverto This Excellent Commercial Opportunity Featuring A Spacious And Functional Interior Layout, Live Upstairs & Run Business On Main Floor! Ideal For Restaurant Operations Or A Variety Of Business Uses. The Main Floor Offers A Well-Organized Business Space Complete With Separate Men's And Women's Washrooms, Along With Additional Rear Storage Space For Convenient Day-To-Day Operations. The Restaurant Is Fully Licensed To Accommodated Up To 120 Guests Indoors, Plus An Outdoor Patio Licensed For An Additional 50 Guests & Two Outdoor Heaters Included. Main Entrance With Heated Walkway. The Fully Functional Basement Provides Even More Versatility, Featuring A Separate Private Office, A Dedicated Staff Washroom, And Extensive Storage Areas. Additional Storage Accommodates Refrigerators, Equipment, Supplies, And Other Business Essentials, Offering Excellent Convenience And Organization. With Generous Interior Space Across Two Levels, This Property Provides A Practical Setup For Business Operations, Staff Needs, And Storage. A Great Opportunity For Business Owners, Investors, Or Entrepreneurs Looking For A Versatile Commercial Space. If You're Looking For A Commercial Space With Potential Income Being Generated From The Two Bedroom Apartment Above. Property Comes With 15 Parking Spaces. Own Your Business , Enjoy The Convenience, And Invest In Your Future!! (id:66096)
Property Details
MLS®
X14144892
Property Type
Retail
Zoning
C1
Interior Size
7,000 ft²
Frontage
76 ft
Building Area
7,000 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$9,286.2/yr
Listed
Yesterday
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
1d
Hanover listings, avg age
119d
Price / ft²
$114
List price
$799K
Just listed: 1 day on market, against an average age of 119 days across the listings currently for sale in this city
Market timing · days on market0 → 119d avg age of current listings
Just listed · day 1
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
This retail in Hanover has been listed for 1 day, which is 118 days fresher than the city average of 119. Act while there is still low competition.
Listed by HOMELIFE/FUTURE REALTY INC. · ABI AMALAN
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (N4N)
This home lists at $798,999, about 10.9× the local median household income of $73,000.
Carrying it typically needs a household income of about $156,072 (20% down, 25-yr amortization, stress-tested) — roughly 114% 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)
$798,999· $114/ft²
For sale
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Financing
Need a commercial mortgage?
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
