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    For Sale - 61 Hastings Street, Bancroft, Ontario

    Est payment $5,282/mo
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    Views   2
    Time on Jump  35 day

    AI Summary *

    • Own a restaurant, bakery, and convenience store with four rental apartments above.
    • Spacious main floor with 3500 sq ft retail and eat-in restaurant space.
    • Independent apartments with their own utilities and appliances for better management.
    • Potential for significant rental increases based on current market rates.
    • Large patio space available for outdoor dining or additional parking.




    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!
    Listing IDX13742718
    Address61 Hastings Street
    CityBancroft, Ontario
    Price$1,099,900
    StyleInvestment
    Land Size0.295
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Major Highway, Recreation/Community CentreHeating / Cooling Oil Forced AirSewer Sanitary+Storm

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    Listing Brokerage: Keller Williams Inspire Realty

    * 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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