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326 12th Street

326 12th Street

Hanover, ON

5,400 sqft • Sale Of Business • 311 days on market

$1,899,999Price reduced 14%

This 14 rooms retirement home is located in the heart of Hanover downtown, near casino and racing. Highly demand business. Need someone who loves to work with seniors. Close to church and hospital and all amenities. New Elevators, All rooms filled, Option for Lhin Contract, also options to expand.

Listing Details

Taxes (2024)
$3,348
Originally Listed
$2,200,000
Listed
October 15, 2025

Price History

Property

Lot Size
90 x 80 Feet

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Bruce Rd 10 & 10th St
Zoning
I
Parcel Number
372040153
Possession
Flexible

Commercial

Business Type
Service Related
Occupancy
Tenant
Office / Apartment Area
200 Sq Ft

Included

Inclusions
All chattels and fixtures.

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
$514,950
Homes sold
116
Median days on market
44
Sale-to-list price
96.8%

Based on 116 recorded sales of commercial properties in Hanover over the last 12 months.

Listed by

ROYAL LEPAGE ASSOCIATES REALTY

Location

Commercial figures

Building area
5,400 sq ft
Price per sq ft
$351.85
Annual property tax
$3,348
Tax per sq ft
$0.62

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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