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    For Sale - 35 Hastings Street, Bancroft, Ontario

    Est payment $1,920/mo
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    Views   10
    Time on Jump  54 day

    AI Summary *

    • High visibility commercial property located on busy Main Street in downtown.
    • Fully leased commercial space with reliable tenants for steady income.
    • Spacious three-bedroom residential apartment with a secured one-year lease.
    • Recent upgrades including a new roof and modernized restaurant facilities.
    • Paved parking lot provides convenience for tenants and customers.




    Prime downtown bancroft investment opportunity. Exceptional income-producing commercial property located on bancroft's busy main street, offering outstanding visibility and exposure in the heart of town. This well-maintained mixed-use building features a fully leased commercial level consisting of a restaurant or retail space, along with a spacious three-bedroom residential apartment on the second floor. Both tenants are established and provide strong, reliable income. The apartment is secured with a one-year lease, while the commercial tenant has approximately one year remaining on their lease, providing immediate cash flow and investment stability. The property has seen numerous recent upgrades, including and brand-new roof covering the entire building, a new furnace in the restaurant, and a new hot water tank. The restaurant has been extensively updated and brought up to fire code requirements, featuring a commercial range hood with fire suppression system and a three-sink setup, making it well-equipped for food service operations. Additional features include: prime main street location with excellent pedestrian and vehicle traffic, strong rental income from both commercial and residential units, tenants pay their own utilities, spacious three-bedroom apartment on the upper level, paved rear parking lot for tenants and customers, significant recent capital improvements completed, turnkey investment with minimal immediate capital requirements. Whether you're expanding your investment portfolio or seeking a quality mixed-use property in a thriving downtown location, this bancroft landmark offers an excellent combination of income, location, and long-term value.
    Listing IDX13492598
    Address35 Hastings Street
    CityBancroft, Ontario
    Price$399,900
    Bath2 Full
    StyleCommercial Retail
    Land Size0.103
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailOutdoor Features NoneHeating / Cooling Propane GasSewer Sanitary

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    Listing Agency:  Royal LePage Frank Real Estate

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    35 Hastings Street
    Bancroft , Ontario
    2 $399,900
    Get more info