342 10th Street
Hanover, ON
14,000 sqft • Investment • 433 days on market
CBRE's Retail Investment Group is excited to offer for sale 342 10th St in Hanover: a rare investment opportunity with a long term lease with Rexall. The 14,000 SF, two storey building is fully leased and occupied by Rexall until the year 2036. This is a care free investment, with modest in place rents, boasting rent upside for investors. The site includes 10 parking stalls and is adjacent to a public parking lot that services the downtown area.
Listing Details
- Taxes (2024)
- $10,795
- Listed
- June 20, 2025
Price History
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- 10th St/12th Ave
- Zoning
- C1
- Possession
- Immediate
Commercial
- Occupancy
- Tenant
Community
Postal area N4N
- Population
- 10,341
- Private dwellings
- 4,849
- Median age
- 49.6
- Average household size
- 2.3
- Median household income
- $73,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Hanover · last 12 months
- Median sold price
- $516,000
- Homes sold
- 116
- Median days on market
- 43
- Sale-to-list price
- 96.8%
Based on 116 recorded sales of commercial properties in Hanover over the last 12 months.
Listed by
CBRE LIMITED
Location
Commercial figures
- Building area
- 14,000 sq ft
- Price per sq ft
- $157.14
- Annual property tax
- $10,795
- Tax per sq ft
- $0.77
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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