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$ 1,099,900
Est. payment | /mo
7,920 SqFt
$ 1,099,900
Est. payment | /mo
7,920 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 7,920 sqft
Price per Sqft $138
Subdivision Bancroft Ward
MLS Listing ID X13742718
Annual Tax Amount $12,000
Tax Year 2026
Property Sub-Type Investment
Property Description
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!
Location
Province ON
County Hastings
Area Hastings
Interior
Heating Yes
Cooling Yes
Exterior
Community Features Major Highway, Recreation/Community Centre
Utilities Available Yes
Lot Frontage 78.49
Lot Depth 164.37
Others
Security Features No
ParcelsYN No
Listed by Keller Williams Inspire Realty
We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.