513 11th Avenue Hanover, Ontario N4N 2S3
$499,900
Welcome to 513 11th Ave, Hanover – a well-maintained commercial building offering a solid investment in a high-traffic, amenity-rich location. This versatile property features two fully-leased commercial units, currently home to a popular cannabis retailer and a well-established laundromat—both benefiting from strong foot traffic and consistent clientele. Strategically situated just steps from schools, apartment complexes, restaurants, and numerous local businesses, this property enjoys excellent visibility and accessibility. The surrounding community ensures steady patronage for both existing tenants and presents a strong draw for any future businesses. Whether you’re expanding your investment portfolio or seeking a reliable income property in a thriving area, 513 11th Ave is a turnkey opportunity with great cash flow potential. Monthly gross income is $2830.00 (id:60626)
Property Details
| MLS® Number | 40743713 |
| Property Type | Retail |
| Amenities Near By | Schools |
| Community Features | High Traffic Area |
| Features | Visual Exposure |
Building
| Basement Type | None |
| Construction Material | Concrete Block, Concrete Walls |
| Exterior Finish | Concrete |
| Fire Protection | Unknown |
| Stories Total | 1 |
| Size Exterior | 1600.0000 |
| Size Interior | 1,600 Ft2 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 4 Ft |
| Size Frontage | 70 Ft |
| Size Irregular | 0.07 |
| Size Total | 0.07 Ac|under 1/2 Acre |
| Size Total Text | 0.07 Ac|under 1/2 Acre |
| Zoning Description | C1 |
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July 04 2025 03:28:43
Waterloo Region Association of REALTORS®
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