ON > Bancroft > Bancroft Ward
Bancroft, ON K0L 1C0,105 Hastings ST N
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Bancroft, ON K0L 1C0,105 Hastings ST N
Bancroft, ON K0L 1C0,105 Hastings ST N
Bancroft, ON K0L 1C0,105 Hastings ST N
Bancroft, ON K0L 1C0,105 Hastings ST N
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Laura Stevens

Laura Stevens

+1(705) 765-1474
$ 575,000
Est. payment /mo
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Active

105 Hastings ST N Bancroft, ON K0L 1C0

3 Baths

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Subdivision Bancroft Ward

MLS Listing ID X12086204

Annual Tax Amount $2,854

Tax Year 2024

Property Sub-Type Commercial Retail

Property 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?

Location

Province ON

County Hastings

Area Hastings

Interior

Heating Yes

Cooling No

Exterior

Community Features Major Highway, Recreation/Community Centre

Utilities Available Yes

Lot Frontage 66.0

Lot Depth 100.0

Others

Security Features No

ParcelsYN No

Listed by ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
Laura Stevens

Laura Stevens

Broker | License ID: 4787845

+1(705) 765-1474

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105 Hastings ST N