$ 800,000
93 Hastings ST S Bancroft, ON K0L 1C0
Save 
Share Schedule a Tour
REQUEST A TOUR
In-PersonVirtual Tour
REQUEST A TOUR
In-PersonVirtual Tour
$ 800,000
Est. payment | /mo
4 Baths
$ 800,000
Est. payment | /mo
4 Baths
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9253199
Annual Tax Amount $6,851
Tax Year 2023
Property Description
Outstanding investment property with an impressive CAP rate exceeding 6% & significant value-add! Located on busiest Main Street in downtown Bancroft, this property offers a rare chance to acquire a potential 5-plex at the price of a triplex with all municipal services in place! The building features a well-established wellness clinic on the lower level & three fully leased residential apartments on the upper level. An additional 600-800 sqft of unutilized space offers a great opportunity to create another retail or potential residential unit. Zoning permits various uses! Recent renovations include a new metal roof, complete overhaul of the commercial unit & complete renovation of the front residential unit, including kitchen & bath.High foot traffic & located across from major retailers like Shoppers Drug Mart & IDA. Historically significant, this building was formerly the home of the Bancroft Times! Seize this investment with substantial appreciation potential & diverse revenue opportunities!
Location
Province ON
County Hastings
Interior
Cooling Partial
Exterior
Garage Spaces 3.0
Utilities Available Yes
Others
Security Features No
Listed by OUR NEIGHBOURHOOD REALTY INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
130 King St. W. Unit 1800B, M5X1E3, Toronto, Ontario, Canada