NewFor Sale

105 Hastings Street N
Bancroft, Hastings, ON, K0L 1C0

Commercial Retail
TRREB
MLS® Number: X12086204
$575,000List Price
Commercial RetailProperty Type
6,576.74 sq ftSize
$2,854.73 / 2024Taxes (Annual)
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Listing History

Buy/sell history for 105 Hastings Street N, Bancroft, ON K0L 1C0

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Description

This is a fantastic investment opportunity! **Investment Property Opportunity in Downtown Bancroft!**Discover this beautifully renovated commercial building, perfectly situated in the heart of Bancroft's vibrant downtown. Currently operating as a successful hair salon, this versatile property offers multiple income streams and exciting potential for further development.**Main Floor Features:**- Recently added a second 2-piece bathroom- Separate entrance for privacy and convenience- The main floor has been divided with drywall, creating a rentable space- Existing commercial use as a hair salon, with additional potential to convert into two rental units- Recent updates include a durable metal roof installed in 2023**Upper Level / Apartments:**- Two fully rented units: - A spacious 3-bedroom apartment - A cozy 1-bedroom unit- Modern 3-piece bathrooms in both units, with new fixtures- Fresh paint and new laminate flooring throughout- Separate hydro and water meters for each unit, simplifying management- Both apartments are currently rented, ensuring immediate cash flow**Additional Highlights:**- Plumbing in place for a second bathroom, offering potential to convert the main floor into two additional rental units- The current salon operator is open to negotiating a favorable lease to remain as a tenant, providing stability for the new ownerDon't miss out on this prime downtown property with multiple income opportunities and the potential for further development. Perfect for investors seeking immediate cash flow and future growth!---Would you like me to create a visual advertisement or social media post for this listing?

Features

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Amenities

No amenities available

Summary

Tax (Annual):$2,854.73 / 2024
Listing #:X12086204
Property Type:Commercial Retail
Size:6,576.74 sq ft
Land Size:66 x 100
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE CREDIT VALLEY REAL ESTATE

Rooms

Details

Property

Property Type:Commercial Retail
Community:Bancroft Ward
Municipality:Hastings

Building

Size:6,576.74 sq ft

Inside

Bedrooms:0
Bathrooms:3
Kitchens:0
Rooms:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Baseboard
Utility Sewer:None

Land

Cross Street:Hastings/Station St

$575,000

List price

105 Hastings Street N, Bancroft – Commercial Retail for sale · MLS® # X12086204