3 Bathroom
6577 sqft
None
Baseboard Heaters
$575,000
This is a fantastic investment opportunity! **Investment Property Opportunity in Downtown Bancroft!**Discover this beautifully renovated commercial building, perfectly situated in the heart of Bancroft's vibrant downtown. Currently operating as a successful hair salon, this versatile property offers multiple income streams and exciting potential for further development.**Main Floor Features:**- Recently added a second 2-piece bathroom- Separate entrance for privacy and convenience- The main floor has been divided with drywall, creating a rentable space- Existing commercial use as a hair salon, with additional potential to convert into two rental units- Recent updates include a durable metal roof installed in 2023**Upper Level / Apartments:**- Two fully rented units: - A spacious 3-bedroom apartment - A cozy 1-bedroom unit- Modern 3-piece bathrooms in both units, with new fixtures- Fresh paint and new laminate flooring throughout- Separate hydro and water meters for each unit, simplifying management- Both apartments are currently rented, ensuring immediate cash flow**Additional Highlights:**- Plumbing in place for a second bathroom, offering potential to convert the main floor into two additional rental units- The current salon operator is open to negotiating a favorable lease to remain as a tenant, providing stability for the new ownerDon't miss out on this prime downtown property with multiple income opportunities and the potential for further development. Perfect for investors seeking immediate cash flow and future growth!---Would you like me to create a visual advertisement or social media post for this listing? (id:49187)
Business
|
Business Type
|
Personal Services |
|
Business Sub Type
|
Health Centre |
Property Details
|
MLS® Number
|
X12086204 |
|
Property Type
|
Retail |
|
Community Name
|
Bancroft Ward |
|
Amenities Near By
|
Highway, Recreation |
|
Parking Space Total
|
6 |
Building
|
Bathroom Total
|
3 |
|
Appliances
|
Water Heater |
|
Cooling Type
|
None |
|
Heating Type
|
Baseboard Heaters |
|
Size Exterior
|
6576.74 Sqft |
|
Size Interior
|
6577 Sqft |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Highway, Recreation |
|
Size Depth
|
100 Ft |
|
Size Frontage
|
66 Ft |
|
Size Irregular
|
Bldg=66 X 100 Ft |
|
Size Total Text
|
Bldg=66 X 100 Ft |
|
Zoning Description
|
Retail Or Office With Residential Untis |
https://www.realtor.ca/real-estate/28175705/105-hastings-street-n-bancroft-bancroft-ward-bancroft-ward