Commercial Real Estate in Hanover available for sale
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Commercial Properties for Sale in Hanover

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Hanover Commercial Property for Sale

More details for 513 11th Av, Hanover, ON - Retail for Sale

513 11th Av

Hanover, ON N4N 2S3

  • Retail for Sale
  • $374,000 CAD
  • 1,828 SF

Hanover Retail for Sale

513 11th Avenue in Hanover presents a strong income-producing investment in a prominent, high-visibility location. This well-maintained commercial property consists of two fully leased units, occupied by a successful cannabis retailer and a long-standing laundromat. Both tenants benefit from consistent traffic and an established customer base, ensuring reliable income for the owner. Positioned in a vibrant area with nearby schools, apartment complexes, restaurants, and local businesses, the property offers continuous footfall and easy accessibility. With a current monthly gross income of $2,830 and the possibility of Vendor Take-Back (VTB) financing for qualified buyers, this asset is a compelling addition to any portfolio. Ideal for investors seeking stability and solid returns, 513 11th Avenue is a turnkey opportunity in an amenity-rich neighborhood.

Contact:

The Vancor Group

Property Subtype:

Storefront

Date on Market:

2026-02-10
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LoopNet Canada Ontario Commercial Properties For Sale in Hanover, ON, Canada

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Commercial Properties for Sale in Hanover

View All Available Listings
How many commercial properties are available for sale in Hanover?
There are currently 3 commercial properties available for sale in Hanover, offering a unique opportunity for businesses to establish a presence.
How big are the commercial properties available for sale in Hanover?
The average size of commercial properties available for sale in Hanover is about 21,914 SF. The largest commercial properties available to buy is 42,000 SF and the smallest is 1,828 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for commercial properties in Hanover?
The average market cap rate for commercial properties for sale is about 9.08% based on data provided in Hanover. Learn more about how cap rates are calculated.
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