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105 Hastings Street N Bancroft, Ontario K0L 1C0

3 Bathroom 6576.74 sqft
Baseboard Heaters

$575,000

**Investment Property Alert!** This beautifully renovated commercial building in the heart of downtown Bancroft presents a prime opportunity for income generation. Currently operating as a hair salon, the main floor features a 2-piece bathroom, with plumbing available to easily add a second bathroom. Theres also a secondary access point on the main floor behind the wall, enhancing the building's versatility.The second story boasts two well-appointed apartments with a separate entrance: a spacious 3-bedroom apartment and a cozy one-bedroom unit. Both apartments feature modern 3-piece bathrooms, new fixtures, fresh paint, and new laminate flooring, making them attractive rental options. As an added bonus, both apartments are already rented out, ensuring immediate cash flow. Recent updates include a new metal roof installed in 2023 and extensive renovations throughout the property, all completed within the same year. Each unit is on separate hydro and water meters, providing ease of management. There's exciting potential to convert the main floor into two additional rental units, with plumbing already in place for a second bathroom. **Extras:** The current salon operator is open to negotiating a favorable rate to stay on as a tenant, providing added stability for the new owner. Don't miss this fantastic opportunity to invest in a prime downtown location with multiple income streams! (id:41954)

Business

Business Type Personal Services
Business Sub Type Health Centre
Name Tammy's Family Hair Care

Property Details

MLS® Number X11888463
Property Type Retail
Amenities Near By Highway, Recreation
Parking Space Total 6

Building

Bathroom Total 3
Heating Type Baseboard Heaters
Size Exterior 6576.74 Sqft
Size Interior 6576.74 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/27728286/105-hastings-street-n-bancroft

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