ON > Bancroft
Bancroft, ON K0L1C0,93 HASTINGS STREET N
Bancroft, ON K0L1C0,93 HASTINGS STREET N
Bancroft, ON K0L1C0,93 HASTINGS STREET N
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RE/MAX Generation

RE/MAX Generation

+1(250) 858-5465
$800,000
Est. payment /mo
4 Baths
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS® Listing ID X9253199

Originating Board Toronto Regional Real Estate Board

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! (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters

Cooling Partially air conditioned

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Sewer Sanitary sewer

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+1(250) 882-3335

alex@victoriahomes.com

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