Hanover Industrial Park Lot

595 1st St, Hanover, ON, N4N 3X5

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Hanover Industrial Park Lot

Located at 595 1st Street, Hanover, ON, this 9.6-acre M1-zoned industrial property offers a total building size of 48,750 sq. ft. across 26 units. Designed for flexibility and functionality, the site features ceiling heights ranging from 14’ to 19’-6”, 25-foot column spacing, and 26 drive-in overhead doors for efficient loading and access. Each unit is individually metered for electric and gas utilities, with 600V 3-phase, 60 AMP power, and individual HVAC systems for heating and cooling. The property includes 71 parking spaces, ample yard space for 73’ transport maneuvering, and frontage on 1st Street, a major artery within Hanover’s industrial park. Permitted uses under M1 – Restricted Industrial zoning include light industrial, warehousing, transport terminals, service industries, metal recycling, and select commercial or fitness facilities, making it an excellent opportunity for diverse business operations.
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9.627 acres

Total Lot Size
square_foot

48,750 sqft

Total Building Size

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M1

Zoning (permitted uses)
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26 units

Number of Units

paid

$299 per sqft.

For Sale
paid

$12 per sqft.

For Lease
receipt

$4.25 per sqft.

Taxes | Maintenance| Insurance

Building Specs

Ceiling Height (clear height in feet)
Varies from approx. 14’ to 19’-6“

Column Spacing (distance between support columns)
25’-0”

Number & Size of Units (confirm unit sizes and layout)

  • 24 @ 1757 sq. ft. – rectangular units 14,15,25,26 Leased
  • 1 @ 1406 sq. ft. – rectangular (irregular) Leased
  • 1 @ 1685 sq. ft. – rectangular (irregular)

Construction Type (steel, concrete, etc.)

  • steel structure
  • concrete floor
  • Insulated metal siding and roof
Hanover Typical Unit Floor Plan

Utilities & HVAC

Separate Utility Meters
Electric & Gas

HVAC System Type
Individual split gas fired heat / AC space heaters

Electric forced air for common hallway, electrical and mechanical rooms

Power Supply (per unit)
600V 3-phase, 60 AMP per unit

Water & Sewer Connection
Municipal

Sprinkler System (Type of fire suppression)
Water

Loading & Access

Number & Type of Loading Doors

  • 1 dock level roll-up loading lading door 12’x14’ high (Shared)
  • 26 drive-in overhead doors 8’x10′ high

Door Dimensions
3’-2” W x 7’-0” H

Yard Space for Truck Maneuvering
Adequate for 73’ transport

Parking Availability
71 spaces available
Mix visitor vs. tenant parking to be assigned

Accessibility

  • Fronting on 1st Street – the major transportation artery of the local industrial park.
  • Close proximity to Grey Roads #4 and #10 leading to Hwy #109 to Orangeville and the GTA.

Zoning (and permitted uses)

M1 – Restricted Industrial
Permitted Uses Include:

Industrial

  • Light Industrial, including manufacturing, assembling, processing and other industrial uses and operations, ancillary warehousing and storage uses, taxi dispatch station, accessory use
  • Transport terminal and other ancillary truck terminal uses
  • Service industries
  • Metal Recycling Yard
  • All Automotive Uses

Commercial

  • Commercial uses are incidental and subordinate to the main industrial use
  • This includes a retail outlet, a wholesale outlet or a business office accessory to a permitted use
  • Gym/Fitness Facilities

Accessory

A parking lot

Video Tour

Map

595 1st St, Hanover, ON, N4N 3X5

Contact Advisors

Massara Khader

Vice President / REALTOR®
mkhader@cbci.ca

Direct: 647.292.4125
Office: 905.338.8877

Oliver Gill

REALTOR®
oliver.ngill@gmail.com

Direct: 905.512.0101
Office: 905.338.8877

William DeJong

President / Broker of Record
wdejong@cbci.ca

Direct: 905.730.1500
Office: 905.338.8877

Coldwell Banker Commercial, Brokerage

Commercial Real Estate Advisors

Coldwell Banker Integrity Real Estate Inc., Brokerage

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