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Renanza Realty
For sale

675 9TH AVENUE

Hanover, Ontario

MLS® X14175082

$825,000

Status
Active
Property type
Industrial
MLS® number
X14175082
Bedrooms
—
Bathrooms
1
Year built
—

Listing description

A Rare Opportunity in the Heart of Hanover! Locally recognized as the former Knechtel Furniture Factory, also known as the Sklar Peppler Factory, this impressive century-old building offers an incredible 64,000 square feet of space, with approximately 16,000 square feet per floor across four levels. Steeped in local history, this substantial property is in excellent condition and has most recently been utilized for furniture storage.

The building features a working freight elevator, smaller office area, washroom facilities, newer roof, updated window glass, drive-in garage door at the lower level and a loading dock at the main level. Ample on-site parking adds to the property's versatility and functionality. The site has also recently undergone a Phase II Environmental Assessment, with a favourable report available for prospective purchasers.

The possibilities here are extensive. Continue with industrial, commercial or storage uses, explore redevelopment opportunities, or bring your vision to this unique property. With its size, character and solid condition, there may be potential to transform the building into loft-style residences, condominiums or other creative uses, subject to the buyer's own due diligence and all applicable municipal and county approvals.

An additional outbuilding is located on the property and offers further potential, although it is currently in need of repair, including roof reconstruction. Whether you're an investor, developer or entrepreneur looking for a property with scale, history and opportunity, this is a truly unique offering in Hanover.

Property summary

MLS® number
X14175082
Property type
Industrial
Size
64,000 sq ft
Land size
64000 acres
Annual property taxes
$13,861.00
Parking
20 spaces · Other
Days on market
1 day

Features & details

Heating
Other
Cooling
None
Lot features
Elevator

What would this home cost you?

Based on the $825,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,839 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Wilfred McIntee & Co Limited, WALKERTON.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.