Bancroft Commercial Real Estate for Sale
5 Listings
Bancroft Real Estate Statistics
Bancroft real estate average sold price in the last 30 days (January 21 - February 19) was $580,000, which is $212,800 (36.7%) higher than the average price of $367,200 in the previous 30 day period (December 22 - January 20), and $95,333 (16.4%) down from the same period 1 year ago ($675,333). Bancroft real estate prices over the last 30 days are also $84,933 (14.6%) higher than the average selling price of $495,067 over the past year.
Bancroft average sold price for homes was $580,000 in the last 30 days (January 21 - February 19), which is $212,800 (36.7%) up from the average home price of $367,200 in the previous 30 day period (December 22 - January 20), and $95,333 (16.4%) lower than the same period 1 year ago ($675,333). In the last 30 days Bancroft the average home price was $79,783 (13.8%) higher than the average selling price of $500,217 over the last 12 months.
Attention Investors! Fully tenanted 5-plex in downtown Bancroft with AAA tenants & coin laundry This well-maintained 5-plex is a prime investment opportunity located in the heart of Bancroft's vibrant downtown core. With all five units tenanted by AAA tenants, this property offers immediate, reliable cash flow and minimal management hassle. The building is in excellent condition, and tenants have demonstrated a long-term commitment, making it a stable, income-producing asset.
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Prime Time Investment Opportunity In Beautiful Bancroft Property offers Main Street Location Ensures Maximum Exposure. Walking Distance To All Major Amenities; Restaurants, Banks, Shopping, Professional Offices, Parks And Recreation This Fully Rented Property Features Two Commercial Office Units On Main Floor With Direct Street Access, Plus 1 - 1 Bedroom, 1 - 2 Bedroom Residential Units On Second Floor With In-Unit Laundry Hook Up.
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Outstanding investment property with an impressive CAP rate exceeding 6% & significant value-add! Located on busiest Main Street in downtown Bancroft, this property offers a rare chance to acquire a potential 5-plex at the price of a triplex with all municipal services in place! The building features a well-established wellness clinic on the lower level & three fully leased residential apartments on the upper level. An additional 600-800 sqft of unutilized space offers a great opportunity to create another retail or potential residential unit. Zoning permits various uses! Recent renovations include a new metal roof, complete overhaul of the commercial unit & complete renovation of the front residential unit, including kitchen & bath.High foot traffic & located across from major retailers like Shoppers Drug Mart & IDA. Historically significant, this building was formerly the home of the Bancroft Times! Seize this investment with substantial appreciation potential & diverse revenue opportunities!
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This charming property in the heart of Bancroft offers a fantastic opportunity for both living and business ventures. With two bedrooms located upstairs and a convenient 2-piece bathroom on the main floor, this space is versatile and functional. Previously operated as an ice cream shop, the property has a rich history while originally being a residential home, making it ideal for those looking to rezone back to residential or continue its commercial use. Recent updates include new windows and vinyl siding installed in 2024, along with modern laminate flooring on the main level, ensuring the property is both attractive and energy-efficient. Whether you're looking to invest in a new business, start a family home, or develop rental units, the possibilities here are endless. Don't miss out on this prime location in a vibrant community!
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**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!
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