Investment Property Opportunity in Downtown Bancroft!** Discover this beautifully renovated commercial building, perfectly situated in the heart of Bancroft's vibrant downtown. Currently operating as a successful hair salon, this versatile property offers multiple income streams. ** Main Floor Features:**- Recently added a second 2-piece bathroom- Separate entrance for privacy and convenience- The main floor has been divided with drywall, - Recent updates include Upper Level / Apartments:**- Two fully rented units: - A spacious 3-Investment Opportunity in Downtown Bancroft! Discover this renovated commercial property in the heart of Bancroft's vibrant downtown. Currently operating as a successful hair salon, the building offers multiple income streams and potential for future development. Main Floor: Divided into two units of approximately 600 sq. ft. each. Separate entrance and bathroom for each unit. A second two-piece bathroom has recently been added. Upper Level: Two rented apartments: a spacious three-bedroom unit and a cozy one-bedroom unit. Each apartment features a modern three-piece bathroom with updated fixtures. Fresh paint and new laminate flooring throughout. Separate hydro and water meters for each unit. With both apartments currently rented, this property offers immediate rental income and exciting potential for future growth. Don't miss this prime downtown investment opportunity! (id:13843)
| MLS # | X12737024 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 277 |
| Listing Provided By | ROYAL LEPAGE CREDIT VALLEY REAL ESTATE | CARLA CASTALDO-LACASSE |
| Bath(s) | 4 Total |
|---|---|
| SQ Feet | 3,600 |
| Zoning | C-MS |
| Cooling | None |
|---|---|
| Heating | Baseboard heaters |
| Appliances | Water Heater |
| Fireplace Yes / No | No |
| Parking Total | 6 |
|---|
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 2856 |
|---|
| Province | ON |
|---|---|
| City | Bancroft (Bancroft Ward) |
| Postal Code | K0L1C0 |
| Listing VS Median (in K0L1C0) | |
Price: $575,000 low | high Med: $550,000 sqft: 3,600 low | high Med: 6,732 $ / sqft: $160 low | high Med: $82 On site: 277 low | high Med: 102 | |
| Province | ON |
|---|---|
| City | Bancroft (Bancroft Ward) |
| Postal Code | K0L1C0 |
| Listing VS Median (in K0L1C0) | |
Price: $575,000 low | high Med: $550,000 sqft: 3,600 low | high Med: 6,732 $ / sqft: $160 low | high Med: $82 On site: 277 low | high Med: 102 | |