ON > Bancroft
Bancroft, ON K0L 1C0,93 Hastings ST S
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 800,000
Est. payment /mo
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Active

93 Hastings ST S Bancroft, ON K0L 1C0

4 Baths

UPDATED:

11/06/2024 11:57 PM

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID X9253199

Annual Tax Amount $6,851

Tax Year 2023

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!

Location

Province ON

County Hastings

Interior

Cooling Partial

Exterior

Garage Spaces 3.0

Utilities Available Yes

Parking Type Outside/Surface

Others

Security Features No

Listed by OUR NEIGHBOURHOOD REALTY INC.

Jethro Seymour

Broker

+1(416) 712-0767

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93 Hastings ST S

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