$1,099,900
Available - For Sale
Listing ID: X13742722
61 HASTINGS Street North , Bancroft, K0L 1C0, Hastings
| 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! |
| Price | $1,099,900 |
| Taxes: | $12000.00 |
| Tax Type: | Annual |
| Assessment Year: | 2026 |
| Occupancy: | Owner+T |
| Address: | 61 HASTINGS Street North , Bancroft, K0L 1C0, Hastings |
| Postal Code: | K0L 1C0 |
| Province/State: | Hastings |
| Legal Description: | PT LT 114, 117 PL 411 AS IN QR655680; BA |
| Directions/Cross Streets: | Hastings St N/ Hwy 28 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Building Percentage: | T |
| Total Area: | 10000.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Recreation/Comm |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| Keller Williams Inspire Realty |
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|
Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Hastings |
| Municipality: | Bancroft |
| Neighbourhood: | Bancroft Ward |
| Tax: | $12,000 |
| Fireplace: | N |
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