93 HASTINGS STREET N, Bancroft

2024-08-14
 

Quick Summary

Location
93 HASTINGS STREET N, Bancroft, Ontario K0L1C0
Price
$800,000 CAD
Status:
For Sale
Property Type:
Retail
Bathrooms:
4

MLS®#X9253199

Property Description

Outstanding investment property with an impressive CAP rate exceeding 6% & significant value-add! Located on busiest Main Street in downtown Bancroft, this property offers a rare chance to acquire a potential 5-plex at the price of a triplex with all municipal services in place! The building features a well-established wellness clinic on the lower level & three fully leased residential apartments on the upper level. An additional 600-800 sqft of unutilized space offers a great opportunity to create another retail or potential residential unit. Zoning permits various uses! Recent renovations include a new metal roof, complete overhaul of the commercial unit & complete renovation of the front residential unit, including kitchen & bath.High foot traffic & located across from major retailers like Shoppers Drug Mart & IDA. Historically significant, this building was formerly the home of the Bancroft Times! Seize this investment with substantial appreciation potential & diverse revenue opportunities! (id:32467)

Property Features

Building

  • Appliances: Microwave, Refrigerator, Stove
  • Cooling Type: Partially air conditioned
  • Fireplace: No
  • Interior Size: 0.13 ac
  • Building Type: Residential Commercial Mix
  • Utility Water: Municipal water

Land

  • Land Size: 33 x 165 FT
  • Sewer: Sanitary sewer

Zoning

  • Description: C2

Information entered by OUR NEIGHBOURHOOD REALTY INC.
Listing information last updated on: 2024-12-17 22:38:33


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

One Percent Realty's top FAQs

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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