51-53 Hastings Street North, Bancroft | Image 1

51-53 Hastings Street North

Bancroft

  • Commercial

$949,000
For Sale

Added 1 week ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Retail Store Related

  • Zoning: C01

  • Age: No Data

  • Taxes: 14999.64

  • MLS®#: X8251408

  • Added: Apr 19, 2024 (1 week ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX HALLMARK EASTERN REALTY

Unlock a lucrative investment at 51-53 Hastings St in Bancroft - a prime opportunity boasting a solid 7% cap rate! This commercial-residential gem, zoned C01, has been meticulously maintained and recently upgraded with new windows and furnaces in 2023. Featuring 3 commercial spaces and 2 residential units, it comes with a previous clean Phase 1 on file, ensuring a smooth transaction. Situated on Bancroft's main street, the property enjoys ideal visibility and accessibility, complemented by ample municipal parking in the surrounding area. Don't miss out on this strategic investment in a high-demand location!

Property

  • Status: Sale

  • Type: Retail Store Related

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Area: Bancroft

  • Availability Date: Flexible

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Propane Gas

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 30

Fees

  • Tax Year: 2023

  • Tax Legal Description: Pt Lt 184, 185 & 186, PL 411, Pt 1 21R5948; Bancroft

  • Taxes: $15,000

  • Taxes Type: Annual

Land

  • Cross Street: Hwy 28

  • Municipality District: Bancroft

  • Parcel Number: 400730412

  • Lot Depth: 82 Feet

  • Lot Frontage: 56 Feet

  • Zoning: C01

Commercial Specific

  • Retail Area: 3900

  • Retail Area Metric: Sq Ft

  • Terms: 36

  • Total Area: 7800

  • Total Area Metric: Sq Ft

  • Minimum Rental Months: 12

  • Area Influence: Rec Centre

  • Franchise: N

  • Lot Code: Lot

JK-3

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13.09 km
JK-6

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Maynooth Public School

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9-12

North Addington Education Centre

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Madawaska Valley District High School

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Centre Hastings Secondary School

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