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$9,999,998
Ontario,Hanover
For Sale Active
595 1ST STREET, Hanover, Ontario N4N3V8
  • 48,000 Sqft
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Basic Details
Description

Exceptional industrial/commercial opportunity at 595 First Street in Hanover. This impressive multi-unit building offers approximately 48,000 sq. ft. divided into 26 individual units, making it ideal for investors, owner-users, and businesses seeking flexible industrial space in Hanover’s growing industrial corridor. Each unit features its own private washroom, separate man door entrance, overhead drive-in door, individually metered hydro and gas services,

and open-span layout suitable for warehousing, manufacturing, trades, storage, service businesses, showroom, and industrial-commercial uses. The property is equipped with a powerful 3-phase electrical system designed to support modern industrial operations. Ample on-site parking is available for staff and customers, along with a shared loading dock to support shipping and receiving needs. The flexible design allows users to customize units to suit their business operations while offering excellent leasing potential for investors. A major highlight is the future upside potential. Ownership is currently working on a condominium conversion plan, creating the opportunity for future individual unit sales and additional investment flexibility. Investors can benefit from multi-tenant income while positioning for future resale opportunities, while owner-users can secure long-term space in a rapidly expanding market. Situated on a sizable site with room for future expansion and potential for an additional commercial building, this property offers rare growth potential in one of Ontario’s emerging industrial markets. Excellent opportunity to acquire a versatile industrial asset with strong income potential, future condo conversion upside, and long-term value. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X13093930
  • Price: $9,999,998
  • Square Footage: 48,000 Sqft
  • Status: Active
  • Property Sub Type: Industrial
  • Office Key: 300840
Features & Appliances
Features
  • Heating System: Not known
  • Cooling System: Unknown
Address Map
  • Location: CA, Ontario, Hanover, N4N3V8
  • Street: 1ST
  • Street Number: 595
  • Street Suffix: Street
  • Longitude: W82° 59' 9.1''
  • Latitude: N44° 8' 36.8''
Additional Information
  • Water Source:
  • Lot Size Dimensions: 392 x 661 FT
Financial
  • Tax Annual Amount: 31688.79
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Listing updated: 2026-05-07 09:13:11
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Listing Information
  • List Agent Key: 2010334
  • List Office Key: 300840
  • Modification Timestamp: 2026-05-07T04:30:49Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-05-07T04:10:29Z
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Listing updated: 2026-05-07 09:13:11
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