Commercial Real Estate for Sale

OPPORTUNITY to own and develop Vacant land in Hanover. Total area: 19,737sf. Many uses permitted under C3 zoning.Proposed 21 unit Apartment Building plans available.

Turnkey Self-Serve Car Wash with Real Estate Included - An exceptional opportunity to acquire a cash-flow-positive, fully operational 24-hour self-serve car wash in the growing community of Hanover, Ontario. Situated on a high-visibility commercial site, this low-maintenance investment includes both the business and the underlying real estate. The property features self-serve wash bays and a dedicated truck wash bay, a convenient card-only payment system. There is over $$$160,000k in recent capital improvements: upgrades include enhanced equipment, electrical system improvements, security cameras, updated lighting, water softening systems, and more. Positioned on a 14,014 sq. ft. C3-zoned lot, the site offers future upside through the addition of vacuum stations and potential complementary automotive services, subject to municipal approvals. With no employees required for day-to-day operations and a proven 24-hour operating model, this asset presents an attractive opportunity for both owner-operators and passive investors seeking a stable, income-producing investment with growth potential.

Prime highway commercial development land on Hanover's busiest retail corridor. This 1.94-acre parcel fronts 217 feet on 24th Avenue (Grey Road 28), just north of the town's east-end commercial node - moments from Walmart, Shoppers Drug Mart and the Hanover Square shopping centre. Zoned C3 Highway Commercial, Hanover's most permissive commercial designation, it permits a broad range of uses including restaurant and drive-thru, automotive service, fuel and convenience, medical and professional offices, daycare, self-storage and retail. The cleared parcel is shovel-ready, with municipal water, sanitary, storm, gas and hydro available, on a corridor that completed a $1.25M municipal reconstruction in 2025. Built-in future demand: 87 apartments and 90 townhomes are planned by the seller on the lands immediately behind the site. An exceptional opportunity for an end-user or anchor-secured developer to establish a presence in a growing regional market.

Tender Pizza has been a staple local business in the town of Hanover and is recognized for making great pizza and subs. This family owned business has been serving customers for 50plus years and is looking for a new owner as they plan to head into retirement. If you are looking for a turn key business opportunity with a trusted local name in the industry - then look not further than right here.

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.

Prime industrial development opportunity at 661 First Street in Hanover. Offering over 10 acres of M1 - Restricted Industrial zoned land, this property presents an exceptional opportunity for developers, investors, manufacturers, and owner-users looking to establish or expand operations within Hanover's growing industrial sector. Strategically located within the town's established industrial corridor, the site offers excellent accessibility and outstanding potential for a wide range of industrial and commercial uses permitted under the M1 zoning. Permitted uses include light industrial operations such as manufacturing, assembling, processing, warehousing, storage, service industries, transport terminals, ancillary truck terminal uses, and metal recycling yard operations. The zoning also permits commercial uses that are incidental and subordinate to the primary industrial operation, including retail outlets, wholesale outlets, business offices, and gym/fitness facilities accessory to permitted uses. Additional permitted accessory uses include parking facilities and supporting operational infrastructure. The size and flexibility of this property make it ideal for industrial development, manufacturing facilities, logistics operations, contractors' yards, service industrial businesses, processing facilities, and investment projects seeking long-term growth potential. With Hanover continuing to experience industrial and commercial expansion, this property offers a rare chance to secure a large-scale industrial parcel in one of Ontario's emerging industrial markets. Available for immediate sale and ready for future development.

Looking for a large retail space? This building may be what you are looking for. Located on the Main street of Hanover this building has over 9000 square feet of floor space on two levels. The listing also includes adjacent vacant commercial lot , being Lot 1 W/S Elora St.Plan 700 Hanover S/T GS169650, Town of Hanover, County of Grey on 12th avenue. (Lot size is 85' x 132") assessed at $ 87.000 and also zoned C1. Inside you will find 5000 square feet on main level with open concept perfect for your ideas. Downstairs is over 4300 square feet of space for further retail or storage with seven foot ceilings. Recent upgrade include (3) FA gas furnaces within last (5) years and (2) ductless AC units. Property is current used as a Retail store. Zoning allows for many uses.

Solid free standing commercial zoned building. Corner lot within a block of Hanover's main street and businesses. Great exposure as located next to The Beer Store. Presently being used as office and storage space. Huge reception area, kitchen, office space, file room and an attached garage. Present owner replaced the large front window, also added windows to the office areas, replaced most of the flooring and converted the garage windows to a garage door. Plenty of exterior parking. Front and rear entrances to the building. Zoning allows convenience store, retail commercial establishment, personal service shop, service shop, professional office and more. Perfect spot to run your own business. Call for more details.

Where History Meets Opportunity! Are you a couple dreaming of earning an excellent income from your own established short-term accommodations business while enjoying the charm of small-town living? This remarkable Hanover property offers the best of both worlds. Built in 1906 as a church parsonage, this distinguished home carries more than a century of history while embracing todays versatility. With over 3,300 sq. ft. above grade, the residence provides abundant space for family life, business, or both. Currently operating successfully as a Guest House, the property benefits from C1 zoning, allowing a wide range of uses such as retail, professional office, wellness clinic, or personal services. Inside, you'll find 8 bedrooms, 2 kitchens, and a bathroom on each of the four fully finished floors perfect for multi-generational living, income opportunities, or hosting guests. The sunlit deck is ideal for morning coffees and evening reflections, while the enclosed front porch doubles as a welcoming storefront or retail space. A double-car detached garage with attached workshop adds practicality for hobbies or business needs. Step outside and you're immersed in Hanover's small-town spirit. Walk to downtown shops, local restaurants, and cultural attractions like the Civic Theater, The Giddy Goblin, and Playtime Casino, all just a short stroll away. The community's warmth, paired with ample on-site parking, makes this property as functional as it is inviting. This is more than a home, its a canvas for your vision. Whether you're seeking a character-filled family residence, a thriving business venture, or a seamless blend of both, 540 10th Avenue adapts to your aspirations. Seize the opportunity to write the next chapter in this homes storied legacy. Floor plans attached.

Live, Work & Earn - All in One Property! Opportunities like this don't come up often. This well-kept mixed-use property sits on a fully fenced 83' x 132' lot and offers the flexibility to run your business while generating rental income. The main floor commercial space-previously a daycare-features an open, adaptable layout with two washrooms, ideal for a variety of uses. Character shines throughout with original hardwood floors and beautiful woodwork. Upstairs and lower living spaces are bright, clean, and ready to go-perfect for living on-site while renting out additional space to offset your costs. Major updates already done, including roof and furnace (since 2021). Outside offers plenty of parking, strong curb appeal, three storage sheds, and a 60-amp panel for future upgrades like a hot tub or EV charger. A smart move for business owners, investors, or anyone looking for a flexible income property .Book your showing and explore the potential.

Amazing 6 plex investment opportunity close to GTA featuring a cap rate over 7% and room for more growth. This property has R5 zoning, offering the potential for additional unit development. The current configuration includes four one-bedroom and two two-bedroom units, with a six figure income there is great return on the property with market rate rents. Property was formerly the Hanover Lutheran Church, the building retains historic charm with modern upgrades, including an on-demand hot water system (domestic and in-floor heating), siding, an outside stairway, updated appliances, electronic deadbolts, and cosmetic upgrades all within the past few years. With nine parking spaces and a split utility structure (landlord pays water/sewer, tenants pay hydro; main floor and second level units pay gas heat, landlord pays in-floor gas heat in two level units), this is a turn-key investment with the only thing missing being you!

xcellent Investment Opportunity! Don't miss your chance to own this incredible property, ideal for investment or as a multi-generational home. It features two beautifully updated residences on a lovely, landscaped lot. The current owner has lovingly enjoyed this property for 35 years. It worked perfectly to live in one house while renting the other. The first home features three bedrooms and a bathroom upstairs, along with an additional bedroom and bathroom downstairs. It boasts a modern eat-in kitchen equipped with high-quality appliances, a bright living room, a cozy recreation area with a gas stove, a fun game room, and a spacious laundry room. The property also features an attached heated garage built in 2021, a storage shed, and a welcoming front porch with an awning, as well as a back deck perfect for relaxation. The second home features two bedrooms, a comfortable living room, a newly renovated kitchen complete with its own appliance package, a full bathroom, a practical laundry room, and a deck, as well as a storage shed and new central A/C just installed. This property is perfect for families wanting to keep their extended relatives close, and its prime location near amenities makes it even more appealing and all the updates have been done. This is an opportunity you won't want to overlook! You will be genuinely impressed by the exceptional pride of ownership evident throughout this remarkable property!

Commercial acreage consisting of 17.6 acres +/-. Conveniently located on highway 4 on the east edge of Hanover, right next to Walmart. The main part of this property, just under 11 acres is currently zoned C3 which allows for many different Large Format Commercial businesses. Remaining land is protected. Gas and Hydro are at the lot line, while Water is just down the road a short distance.

Income, Location, and Updates!!! Its All Here. A smart addition to any portfolio: Two storey commercial/residential building in a high visibility area. Features include a recently updated commercial space with tenants on leases, a well maintained apartment, and a heated two car garage with hydro. The property generates $3,650 per month, with tenants covering their own utilities, and grosses $43,800 annually. There is a full unfinished basement which could make great storage. The property is low maintenance, its very well taken care of and makes good income. In total there are 3 units rented, 1 commercial unit, 1 residential unit and the garage is rented as well. Call today to arrange a viewing.

Looking for a strong investment opportunity? This well-maintained building in the heart of Hanover offers approximately 2,000 sq. ft. of commercial space with an excellent anchor tenant. The fully renovated office includes a welcoming front lobby, reception area, private office, and conference room. The upper level features a two-bedroom apartment and a vacant one-bedroom unit. With the commercial tenant currently on a month-to-month lease, this space could also be ideal for relocating your own business.

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.

Well-located in Hanover's industrial park, this excellent commercial property offers over 3,100 square feet of versatile space. Constructed n 1999 with an addition in 2003, this building features three loading doors with 12-foot clearance, a 10-foot side door, and a rear dock door with 7-foot clearance -ideal for deliveries and industrial use.The layout includes entry, office space with a washroom and in-floor heating, plus two spacious units with 13-foot ceilings. The remainder of the building is heated by natural gas. A floor hoist is included in the sale, adding value for automotive or mechanical applications.The property sits on over an acre, providing ample parking, a truck bed for storage and a large backyard. A reliable tenant currently occupies the larger section with an entryway, office, washroom and three loading dock doors-tenant is willing to stay. The owners currently are using the smaller section with a front loading dock door, man door and rear dock door. The building is connected to municipal water and sewer services; however, a drilled well supplies water to the lawn sprinkler system.

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.

Modern 1,657 sq ft industrial unit available in Hanovers established flex industrial plaza. Zoned M1, this space is ideal for a variety of uses including light manufacturing, trades, retail, service businesses, wholesale, or even a fitness facility. The unit offers 14' to 19' clear height, steel frame construction, a durable concrete floor, and 600V, 3-phase electrical service (60 amps). It includes a private 8' x 10' overhead roll-up door and shared access to a 12' x 14' dock-level loading door perfect for streamlined shipping and receiving. An individual rooftop HVAC unit ensures year-round climate control and energy efficiency. The site features a large yard built to accommodate 73-ft trucks and includes 71 shared parking spaces for staff and customers. Located on 1st Street, a key corridor in Hanovers industrial area, the property offers excellent connectivity to Grey Roads #4 and #10, Highway 109, and quick access to the GTA, Owen Sound, and Kitchener. Hanover is part of Ontario's Grey-Bruce region, known for its affordable operating costs, reliable infrastructure, and skilled workforce. The town continues to grow as a hub for manufacturing, construction, automotive, and green energy sectors. This is an ideal location for growing businesses looking to serve both local and regional markets from a modern, flexible space in a business-friendly environment. Taxes and condo fees not yet assessed. Other unit sizes and configurations also available. The property is currently undergoing the condominium registration process, allowing for individual unit ownership within a professionally managed industrial complex. Exterior paving and landscaping are scheduled for completion by the end of June, providing a finished and polished appearance to the site.

Modern industrial space available in Hanover established flex industrial plaza this offering includes two combined units totaling 3,545 sq ft, ideal for light manufacturing, service trades, retail, wholesale, or fitness facilities. Zoned M1 with flexible permitted uses, the space features 15' to 19' clear height, steel frame construction, concrete flooring, and 600V, 3-phase electrical service (60 amps). Each unit includes a private 8' x 10' overhead roll-up door and shared access to a 12' x 14' dock-level loading door, making shipping and receiving simple. Individual rooftop HVAC units provide efficient heating and cooling year-round. A spacious yard accommodates 73-ft trucks, and the site offers 71 shared parking spaces. Located on 1st Street, a key route within Hanovers growing industrial area, the property offers direct access to Grey Roads #4 and #10, Highway 109, and convenient connections to the GTA, Kitchener, and Owen Sound. Hanover offers lower operating costs compared to larger cities, supported by a skilled workforce, reliable infrastructure, and a pro-business environment. Part of Ontario's Grey-Bruce region, the town supports a range of industries including manufacturing, automotive, construction, and renewable energy. With continued local growth and business investment, this location offers great potential for expansion and long-term success. Taxes and condo fees not yet assessed. Multiple configurations available.

Industrial building with excess land available for sale in Hanover's industrial park. The building features16 clear height, 3 oversized drive-in doors and a large yard for outdoor storage. Cell tower lease generates $750/month + HST and renews in 2027. Seller has a clean, up to date Phase 1 ESA. **INTERBOARD LISTING: CORNERSTONE - WATERLOO REGION**

Welcome to your new home and business, all under one roof! This beautifully renovated church combines the best of both worlds. The living quarters, featuring two spacious bedrooms, have been extensively upgraded to provide comfort and modern amenities. The retail or business area is also modern and wheelchair accessible, including an elevator to the basement. The lower level, with its own entrance, bathroom, and modern kitchen, is perfect for a granny flat. The building and grounds are well maintained, ensuring a pleasant and welcoming environment for you and your guests.

This is an Investment Property!!! It is a triplex on a large corner lot and it consists of a 1 bedroom, 2 bedroom & 3 bedroom units all with separate hydro meters, laundry facilities and parking. Recently upgrades done to the property incudes- replaced windows, furnace, boiler, water heaters, and roof. It is walking distance to a lot of amenities.

Fantastic Commercial building that is ready to go for a budding entrepreneur. The building has seen a new roof, exterior brick veneer, vinyl siding, A/C, lights, windows, doors etc. Perfect for a retail location, barber shop, aesthetics, etc. Zoned C-1 Half a block from Main Street

Come explore Hanover and Invest in a truly exciting Opportunity! This offering is available at this price for a limited time. Excellent development potential with suitable zoning and adjacent parcel of land being developed into residential subdivision. Services available. Options for access can be discussed with an interested Buyer. This scenic parcel of 22+ acres has many attributes including spring fed pond, Saugeen River, Residence with many premium finishes on 1,784 sq ft main floor and 1,250 sq ft finished lower level. Shop 40X60 ideal for storage, small business ventures or tinkering. Additional old barn on the property good for storage. Whether you are an Investor, Developer or looking for a Scenic spot to call home, this property is worth considering. This property is being sold, "as-is, where-is". Please note, there are a total of 5 PINS for this property. For a complete list of PINS and legal descriptions, please see attachment.

A rare opportunity to own a versatile industrial unit in a modern, well-established flex industrial plaza. Located in Hanover prime industrial area, this unit features M1 zoning, allowing for a broad range of uses light manufacturing, service businesses, retail, wholesale, or even a Gym or fitness facility. The unit offers 14 to 19 ft clear height, ideal for various operations and equipment. Built with a steel frame and concrete floor, its equipped with 600V, 3-phase power (60 amps), and individual rooftop HVAC systems for comfort and efficiency. Easy access is provided via a shared 12' x 14' dock-level door and a private 8' x 10' overhead door per unit. The large yard accommodates 73-ft trucks, and the site includes 71 parking spaces. Strategically located on 1st St. a major artery in Hanover industrial park, the unit offers direct access to Grey Roads #4 and #10, connecting to HWY 109 and the GTA. This location provides efficient logistics for businesses serving both local and regional markets. Hanover, part of Ontario's Grey-Bruce region, is a growing business hub with lower operating costs compared to larger cities. The area supports diverse industries such as manufacturing, construction, automotive, and renewable energy making it ideal for growth-oriented businesses. With nearby access to major centers like Owen Sound, Kitchener, and Toronto, this property blends small-town value with big-city reach. Whether you're launching a new venture or expanding, this industrial unit offers outstanding potential in a business-friendly environment. A perfect base for future growth don't miss out. various sizes available. Taxes and condo fees Not Yet assessed.

Looking for an Income Property or place to run your own business, salon or shop? Check out this well maintained triplex showing good return and located in C1 zoning area allowing for many possibilities. This property consists of two one bedroom units and one two bedroom unit. The two story home has an upper and lower unit and the previous garage has been converted to another cozy one bedroom unit or could be an excellent place for your business. Easy to rent with the two bedroom unit currently available allowing new owner to set your own rent and pick your tenant or move in. This apartment has been cleaned, freshly painted and some new flooring has been installed. Many updates in 2022 including garage conversion, all interior paint, front porch rebuilt, some new fencing and new flooring in front foyer . In 2023 more reno's where completed- including all new steel entry doors, new basement steps, basement windows, new railings on deck and new kitchen counter top in 2 bedroom unit. All nestled on a fully fenced private backyard in a really nice location close to downtown.

Income property featuring a modern apartment and a dedicated space for your business. The apartment opens to a private yard, offering the perfect blend of live, work, and play, all under one roof. One commercial space is 1350 sq. ft. and the other is approx. 1440 sq. ft.

Unlock the potential of this high-traffic, high-visibility location at the major intersection of 10th Line & 7th Line in the heart of Hanover! Boasting 15,000 Sq.Ft. of versatile space with C1 zoning(Commercial/residential/industrial), this property is perfect for entrepreneurs, investors, and business owners looking to expand, diversify, or capitalize on a booming market. 4 self-contained units - ideal for multi-business use or rental income, superior accessibility - entry from 8th Ave for seamless traffic flow, high-income potential-covert into a profitable incubator indoor mall, strategic location -minutes from Durham rd & highway 28. Don't miss out on this rare opportunity to turn a vision into reality. Whether for business expansion, investment, or a dynamic commercial hub, this space offers endless possibilities!