$ 399,000
Ontario Hanover
1 Photos

513 11 Th Avenue, Hanover

  • Living area: 1600 square feet
  • Type: Commercial
  • Added: 5 months ago
  • Updated: 2 months ago
  • Last Checked: 19 hours ago
  • Listed by: Vancor Realty Inc.

Listing description
This Commercial listing at 513 11 Th Avenue Hanover, ON with the MLS Number 40743713 listed by Corry Van Iersel - Vancor Realty Inc. on the Hanover market 5 months ago at $399,000.

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. Seller may consider VTB options for a qualified buyer. Monthly gross income is $2830.00 (id:1945)
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Property Details Key information about 513 11 Th Avenue
  • Stories: 1
  • Exterior Features: Concrete
  • Building Area Total: 1600
  • Construction Materials:
    • Concrete block
    • Concrete Walls
Interior Features Discover the interior design and amenities
  • Basement: None
  • Living Area: 1600
Exterior & Lot Features Learn about the exterior and lot specifics of 513 11 Th Avenue
  • Lot Features: Visual exposure
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Lot Size Dimensions: 0.07
Location & Community Understand the neighborhood and community
  • Directions: 513 11th Avenue, Hanover. From main street (10th Street), turn north onto 11th Ave. and will be on the east side of street.
  • Common Interest: Freehold
  • Subdivision Name: Hanover
  • Community Features: High Traffic Area
Utilities & Systems Review utilities and system installations
  • Sewer: Municipal sewage system
Tax & Legal Information Get tax and legal details applicable to 513 11 Th Avenue
  • Tax Annual Amount: 2539.52
  • Zoning Description: C1
Additional Features Explore extra features and benefits
  • List A O R: Cornerstone
  • List A O R Key: 14
  • Security Features: Unknown
  • Frontage Length Numeric: 70
  • Frontage Length Numeric Units: feet

Nearby Listings Stat Estimated price and comparable properties near 513 11 Th Avenue

Active listings
60
Min Price
$299,900
Max Price
$3,500,000
Avg Price
$695,605
Days on Market
135 days
Sold listings
19
Min Sold Price
$170,000
Max Sold Price
$899,900
Avg Sold Price
$646,095
Days until Sold
159 days

Nearby Places Nearby schools and amenities around 513 11 Th Avenue

John Diefenbaker Secondary School (0.8 km)
181 7th St, Hanover

Grey Rose Restaurant (0.2 km)
394 10th St, Hanover

Frankie's Restaurant & Pub (0.2 km)
365 10th, Hanover

Frankies (0.2 km)
365 10th St, Hanover

Chow's Garden Restaurant Chinese And Canadian Food (0.2 km)
328 10th St, Hanover

Queens Bush Pub (0.3 km)
451 10th St, Hanover

Tommy D's Restaurant & Steakhouse (0.4 km)
274 10th St, Hanover

Canton Buffet Restaurant (0.4 km)
260 10th St, Hanover

Cravings Family Restaurant (0.9 km)
208 7 Ave, Hanover

Alternative Health Spa Bed And Breakfast (0.2 km)
540 10th Ave, Hanover

Tim Hortons (0.8 km)
639 10th St, Hanover

Food Basics (1 km)
233 7th Ave, Hanover

Grant's Your Independent Grocer (1.4 km)
County Fair Plaza, Hanover

Price History

July 4, 2025
by Vancor Realty Inc.
$399,000
513 11 Th Avenue
More Details?
Corry Van Iersel
  • Corry Van Iersel
  • Vancor Realty Inc.
  • 519-242-0277
  • Website

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Comparison of 513 11 Th Avenue, Hanover, ON with Nearby Commercial Listings
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West Grey 92 $918,486
Brockton 59 $626,407
Wellington North 76 $758,843
Saugeen Shores 208 $842,425
Minto 64 $724,200
Huronkinloss 52 $690,908
Popular Cities Listings Avg. price
Waterloo 425 $798,670
Kitchener 752 $843,293
Guelph 398 $863,183
Barrie 482 $865,899
Cambridge 401 $1,150,190
Brampton 1079 $1,146,050