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Key Details
Sold Price $900,000
Property Type Commercial
Sub Type Store with Apt/Office,Building and Land
Listing Status Sold
Purchase Type For Sale
Square Footage 7,800 sqft
Price per Sqft $115
MLS Listing ID 40574683
Sold Date 05/17/24
Abv Grd Liv Area 7,800
Originating Board Barrie
Annual Tax Amount $14,999
Property Sub-Type Store with Apt/Office,Building and Land
Property Description
Unlock a lucrative investment at 51-53 Hastings St in Bancroft - a prime opportunity boasting a solid 7% cap rate! This commercial-residential gem, zoned C01, has been meticulously maintained and recently upgraded with new windows and furnaces in 2023. Featuring 3 commercial spaces and 2 residential units, it comes with a previous clean Phase 1 on file, ensuring a smooth transaction. Situated on Bancroft's main street, the property enjoys ideal visibility and accessibility, complemented by ample municipal parking in the surrounding area. Don't miss out on this strategic investment in a high-demand location!
Location
Province ON
County Hastings
Area Bancroft
Zoning C01
Direction Highway 28 N to Hastings St N
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 56.0
Lot Depth 82.0
Garage No
Building
Lot Description Ample Parking, City Lot, High Traffic Area, Hospital, Schools, Visual Exposure
Faces Highway 28 N to Hastings St N
Story 2
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Vinyl Siding
New Construction No
Others
Senior Community false
Tax ID 400730412
Ownership Freehold/None
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