93 Hastings Street, Bancroft, Ontario K0L1C0 is For Sale and has a listing price of 800,000. The property is located in the Bancroft neighbourhood. It's been on the website for 71 Days.
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:43137)
List Date | MLS ID | List Price | Status | End Date | Closed Price |
---|---|---|---|---|---|
08/13/2024 | X9253199 | $800,000 | For Sale | - | - |