93 HASTINGS STREET S Active Save Request In-Person Tour Request Virtual Tour
Bancroft,ON K0L1C0
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 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
Interior
Heating Baseboard heaters
Cooling Partially air conditioned
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Sewer Sanitary sewer