93 Hastings Street South, Bancroft | Image 1

93 Hastings Street South

Bancroft

  • Commercial

$800,000
For Sale

Added 3 months ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: C2

  • Age: No Data

  • Taxes: 6851.07

  • MLS®#: X9253199

  • Days on Site: 85 Days

  • Added: Aug 13, 2024 (3 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: OUR NEIGHBOURHOOD REALTY INC.

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!

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Area: Bancroft

  • Availability Date: TBD

Inside

  • Bathrooms: 4

  • Air Conditioning: Part

  • Washrooms: 4

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Baseboard

  • Elevator: None

  • UFFI: No

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 3

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 125-126 PL 411 AS IN QR579232 S/T QR579232 T/W QR579232; B

  • Taxes: $6,851

  • Taxes Type: Annual

Land

  • Cross Street: Hastings St. N and S

  • Municipality District: Bancroft

  • Parcel Number: 400730242

  • Sewer: Sanitary

  • Lot Depth: 165 Feet

  • Lot Frontage: 33 Feet

  • Zoning: C2

Commercial Specific

  • Retail Area: 50

  • Retail Area Metric: %

  • Sprinklers: N

  • Total Area: 0.13

  • Total Area Metric: Acres

  • Office Size: 50

  • Office Size Metric: %

  • Lot Code: Lot

Map of 93 Hastings Street South, Bancroft
JK-3

Cardiff Elementary School

Elementary: Public
13.88 km
JK-6

Coe Hill Public School

Elementary: Public
20.88 km
JK-6

Maynooth Public School

Elementary: Public
21.56 km
JK-6

Birds Creek Public School

Elementary: Public
7.04 km
JK-8

Our Lady of Mercy Catholic School

Elementary: Catholic
1.98 km
JK-8

York River Public School

Elementary: Public
0.65 km
9-12

North Addington Education Centre

Secondary: Public
57.53 km
9-12

Norwood District High School

Secondary: Public
75.00 km
9-12

Madawaska Valley District High School

Secondary: Public
49.58 km
9-12

Haliburton Highland Secondary School

Secondary: Public
53.84 km
9-12

North Hastings High School

Secondary: Public
2.04 km
9-12

Centre Hastings Secondary School

Secondary: Public
67.32 km
183 Hastings Street North, Bancroft | MLS: X9510014
For Sale
3 weeks ago
$799,000
  • 0 bath
  • 0 bed

183 Hastings Street North, Bancroft, Ontario • K0L 1C0 • Bancroft