105 HASTINGS STREET N Bancroft

105 HASTINGS STREET N, Bancroft, Ontario

$575,000

  • 3 Baths
  • 6,577 Square Feet

**Investment Property Alert!** This beautifully renovated commercial building in the heart of downtown Bancroft presents a prime opportunity for income generation. Currently operating as a hair salon, the main floor features a 2-piece bathroom, with plumbing available to easily add a second bathroom. Theres also a secondary access point on the main floor behind the wall, enhancing the building's versatility.The second story boasts two well-appointed apartments with a separate entrance: a spacious 3-bedroom apartment and a cozy one-bedroom unit. Both apartments feature modern 3-piece bathrooms, new fixtures, fresh paint, and new laminate flooring, making them attractive rental options. As an added bonus, both apartments are already rented out, ensuring immediate cash flow. Recent updates include a new metal roof installed in 2023 and extensive renovations throughout the property, all completed within the same year. Each unit is on separate hydro and water meters, providing ease of management. There's exciting potential to convert the main floor into two additional rental units, with plumbing already in place for a second bathroom. **Extras:** The current salon operator is open to negotiating a favorable rate to stay on as a tenant, providing added stability for the new owner. Don't miss this fantastic opportunity to invest in a prime downtown location with multiple income streams! (id:23309)

  • Listing ID: X11888463
  • Property Type: Retail

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Details

  • Amenities Nearby: Highway, Recreation
  • Parking Spaces: 6
  • Transaction: For sale
  • Zoning Description: Retail Or Office With Residential Untis

Building

  • Fireplace Present: False
  • Bathrooms (Total): 3
  • Heating: Baseboard heaters
  • Size Exterior: 6576.74 sqft
  • Size Interior: 6576.74 sqft
  • Utility Water: Municipal water

Land

  • Amenities: Highway, Recreation
  • Size Frontage: 66 ft
  • Size Irregular: Bldg=66 x 100 FT
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Listing provided by ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 105 HASTINGS STREET N in Bancroft Ontario. It was last modified on December 11th, 2024. Contact the Bird House Real Estate to schedule a viewing or to discover other Bancroft real estate for sale.

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