61 Hastings Street N, Bancroft, Ontario K0L 1C0

Listed for:
$1,099,900
0 beds
0 baths
Listed 29 days ago
61 Hastings Street N, Bancroft, Ontario K0L 1C0

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About

Cross Streets: Hastings St N/ Hwy 28. ** Directions: From Bridge St turn left onto Hastings and go to 61 on your right. Fantastic Opportunity to own Restaurant / Bakery / Convenience store AND 4 rental apartments above! Price is including all restaurant equipment and franchise for pizza and fried chicken business! Currently operating as a convenience store with Liquor, Lotto and Tobacco licence. Previously a successful restaurant. Main floor offers 3500 sq ft retail / eat in restaurant space with full kitchen (see list of inventory) and 2 large bathrooms (wheelchair accessible), office and large walk in freezer and walk in fridge ** PLUS * 4 independent apartments above all on their own hydro meter, electric furnace, A/C and appliances owned. Coin laundry shared by all tenants. 1 bed unit x 2 units rented for $1250 (both can have vacant possession on closing), 2 bed unit rented for $1550 and 3 bed unit rented for $1750 with potential for significant rental increases based on current market rent. All residential units in excellent shape with paying tenants on month to month. This building has a new roof (2026) shingle and compressor for walk in freezer. This building owns the parking / cement through way which is a large area to either side of building plus attached storage units. Massive patio space for outside eating area or parking! Market rent is over $6500 per month for all units. Live above your own business or enjoy additional rental income! This commercial building can include the business and all equipment for a very reasonable price! Don't miss this opportunity right on the main road of the growing town of Bancroft! (id:27476)

Property Highlights

MLS® Number
X13742722
Type
Retail
Community Name
Bancroft Ward
Land Size
0.295 ac

Building

Square Footage
10000 sqft
Amenities
Highway, Recreation
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
Keller Williams Inspire Realty
MLS® number:
X13742722
Agent:
Claire Knight
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