Hanover Storefront Properties for Sale

Commercial Real Estate in Hanover available for sale

Hanover Storefront 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

Hide

View on Map

1-1 of 1

Learn More About Investing in Storefront Properties

Understanding Cap Rates in Commercial Real Estate

Calculating and Interpreting Cap Rates for Canadian Investors

Types of Commercial Leases: From Gross to Triple Net

Understanding the Different Lease Structures for Your Business Space

Commercial Real Estate Investing: Your Path to Market Success

Your guide to starting and thriving in Canadian commercial property investments

Apartment Building Investment: A Strategic Market Overview

Essential Insights and Practical Strategies for Building Your Multi-Family Portfolio

How to Rent an Office for Your Business in Canada

Learn About the Costs, Types of Office Spaces, and Key Considerations for Leasing the Ideal Commercial Space

Understanding Common Area Maintenance (CAM) Charges

Grasping Common Area Maintenance (CAM) Fees for Better Commercial Real Estate Decisions

How to Buy Land: From Raw to Ready for Development

Understanding Land Types and Purchase Requirements for Property Investment

REIT Investment Strategies: Building Real Estate Wealth

Understanding Investment Trusts and Creating Your Portfolio Strategy

Storefront Properties for Sale in Hanover

View All Available Listings

How many storefront properties are available for sale in Hanover?

There are currently 1 storefront properties available for sale in Hanover, offering a unique opportunity for businesses to establish a presence.

How big are the storefront properties available for sale in Hanover?

The average size of storefront properties available for sale in Hanover is about 1,828 SF. The largest storefront properties available to buy is 1,828 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 storefront properties in Hanover?

The average market cap rate for storefront properties for sale is about 9.08% based on data provided in Hanover. Learn more about how cap rates are calculated.

Nearby Cities

Other Property Types

Storefront for Sale in Hanover