183 Hastings Street North, Bancroft (Bancroft Ward) - Business for Sale
183 Hastings Street North, Bancroft (Bancroft Ward), Ontario, K0L1C0
Description
A Place for Your Next Big Idea! This versatile mixed-use property in the heart of Bancroft offers an exciting opportunity to bring your business vision to life. With Main Street commercial zoning, excellent visibility and a location just steps from downtown, the possibilities are wide open - from caf, bakery or retail to professional services, boutique, studio, office space, wellness business or something entirely your own.The main floor is currently set up as a successful, fully equipped restaurant, providing an easy starting point for an entrepreneur who wants to continue the existing concept or transform the space to suit a new venture. Owned commercial equipment, male and female washrooms, foyer, a 15' x 24' dining area and an additional 12.5' x 14' flexible space offer a solid foundation for a variety of uses.Upstairs, a bright and spacious 2-bedroom, 574 sq ft apartment offers the added flexibility of living where you work or creating additional income. Municipal water, private parking lot with 8+ spaces add to the practicality of this unique property.Located among established businesses and just moments from downtown Bancroft, this is an opportunity to secure a commercial space with the flexibility to evolve with your vision. Whether you're launching your first business, expanding an existing one, creating a live/work setup or looking for a mixed-use investment, this property gives you the space and flexibility to make it your own.The current restaurant setup is included - but what comes next is entirely up to you. (id:66096)
Property Details
- MLS®
- X12471926
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- COMMERCIAL MAIN ST.
- Bathrooms
- 3
- Parking
- 8
- Lot Size
- 5,663 sq ft (0.13 ac)
- Frontage
- 97 ft
- Heating
- Forced air
- Cooling
- Partially air conditioned
- Property Tax
- $4,485/yr
- Listed
- 380 days ago
Features
- Appliances
- All, Freezer
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 380 days on market, against an average age of 104 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 69 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 92.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Bancroft (Bancroft Ward) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K0L)
This home lists at $299,000, about 3.8× the local median household income of $79,000.
Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $79,000
- Population
- 78,142
- Median age
- 54
- Owner / renter
- 88% / 12%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA K0L)
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$299,000
Bancroft