61 Hastings Street

Bancroft, ON

7,920 sqft
Investment
14 days on market

$1,099,900

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!

Listing Details

Taxes (2026): $12,000
Listed: September 3, 2026

Price History

Listing history

Property

Lot Size: 78.49 x 164.37 Feet

Parking

Garage: Outside/Surface

Utilities

Sewer: Sanitary+Storm

Location & Legal

Cross Street: Bridge St/Hwy62
Zoning: C2
Parcel Number: 400730235
Possession: Flexible
Occupancy: Owner+Tenant

Included

Exclusions: Inventory not included in list or purchase price.

Community

Postal area K0K

Population: 115,850
Private dwellings: 53,153
Median age: 50.8
Average household size: 2.4
Median household income: $83,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Bancroft · last 12 months

Median sold price: $375,000
Homes sold: 80
Median days on market: 40
Sale-to-list price: 92.8%

Based on 80 recorded sales of commercial properties in Bancroft over the last 12 months.

Listed by

Keller Williams Inspire Realty

Walk Score

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Location

Street View

Commercial figures

Building area: 7,920 sq ft
Price per sq ft: $138.88
Annual property tax: $12,000
Tax per sq ft: $1.52

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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