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274 10th Street

274 10th Street

Hanover, ON

  • 5,393 sqft
  • Commercial Retail
  • 107 days on market
$769,999Price reduced 12%

Opportunity knocks! A stand out iconic building with C1 zoning could be your next treasure chest. This eye catching property centrally located on the main street of Hanover steeped in local history, has been a local hub to the community for decades. This family restaurant can accommodate 130 seats. Fully operational kitchen, with 2 upper rental units above, offers potential rental income. A must see for the restaurant owner looking to make their mark with residence above or a savvy investment for the entrepreneur in you.

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Listing Details

Taxes (2025)
$6,068
Originally Listed
$875,000
Listed
June 4, 2026

Price History

Property

Age
100+
Lot Size
66.95 x 67 Feet

Parking

Garage
None

Utilities

Sewer
Storm

Location & Legal

Cross Street
8TH AVE & 10TH ST
Zoning
C1
Parcel Number
372040210
Possession
Flexible
Occupancy
Owner+Tenant

Commercial

Business Type
Other

Included

Inclusions
All restaurant kitchen equipment and accessories, tables & chairs, 2 portable 12 pan steam table,1cold table, 3 tv screens ,all coolers and freezers, stove and refrigerator, all cookware, dishes, glasses & cutlery, fixtures.
Exclusions
POS system
Rental Items
water heater rental @approx $36.00per mth / water softener rental@approx $33.00 per mth

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
$495,000
Homes sold
107
Median days on market
48
Sale-to-list price
96.7%

Based on 107 recorded sales of commercial properties in Hanover over the last 12 months.

Listed by

ROYAL LEPAGE RCR REALTY

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
5,393 sq ft
Price per sq ft
$142.78
Annual property tax
$6,068
Tax per sq ft
$1.13

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

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Fully operational kitchen, with 2 upper rental units above, offers potential rental income.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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