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700 9 Highway
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Hanna · Business · under $875,000. Alerts only send when there are new or meaningfully updated matching homes.
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An exceptional investment opportunity awaits with this 10.6-acre mixed-use commercial property located within the Town of Hanna. Combining industrial, commercial, and income-producing potential, this versatile property is well suited for a wide range of business ventures or future development.The centerpiece is an impressive 60' x 120' heated shop featuring a 20-foot overhead door, expansive workspace, and a 60' x 20' mezzanine that provides additional storage, office space, or operational flexibility. A second 70' x 120' mixed-use building offers even more versatility with shop space, garage bays, and office areas, making it ideal for multiple businesses, service operations, or rental opportunities.Adding significant value is the established 64-site RV campground, 42 sites are full service and 22 have power and water, lot is serviced with **3-phase power**, making it well-equipped to accommodate campers while supporting future growth and expansion. Situated on 10.6 acres within the Town of Hanna, the property offers excellent accessibility, ample room for additional development, and endless possibilities for commercial or recreational use.Whether you're looking to expand your business, develop a multi-use commercial property, or invest in a unique asset with multiple revenue streams, this property delivers the space, infrastructure, and flexibility to make it happen. Opportunities of this scale are rarely available contact us today to arrange your private viewing! (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-6.64%
Cap rate
3.54%
GRM
16.6
Break-even rent
$4,930
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jul 7, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.