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61 Hastings Street N Bancroft (Bancroft Ward), Ontario K0L 1C0

10000 sqft
Fully Air Conditioned Forced Air

$1,099,900

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:56087)

Property Details

MLS® Number X13742722
Property Type Retail
Community Name Bancroft Ward
Amenities Near By Highway, Recreation

Building

Cooling Type Fully Air Conditioned
Heating Type Forced Air
Size Exterior 10000 Sqft
Size Interior 10000 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Recreation
Size Depth 164 Ft ,4 In
Size Frontage 78 Ft ,5 In
Size Irregular 0.295
Size Total 0.295 Ac
Size Total Text 0.295 Ac
Zoning Description Commercial

https://www.realtor.ca/real-estate/30232131/61-hastings-street-n-bancroft-bancroft-ward-bancroft-ward