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$ 938,800
$ 938,800
Est. payment /mo
Sold on 05/01/2025
159 Y RD Hastings Highlands, ON K0L 1C0
1 Bath
8,848 SqFt
UPDATED:
Key Details
Sold Price $938,800
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,848 sqft
Price per Sqft $106
Subdivision Herschel Ward
MLS Listing ID X12059802
Sold Date 04/30/25
Building Age 16-30
Annual Tax Amount $8,884
Tax Year 2024
Property Sub-Type Industrial
Property Description
Located just north of Bancroft, this prime corner lot is situated in a growing business park with excellent road visibility and access, just five minutes from town and all amenities. Formerly home to a well-established custom kitchen cabinetry business, this versatile property offers multiple income streams and the potential for new ventures. Spanning over 8,800 sq. ft. across three free-standing buildings, the property includes a 2,400 sq. ft. workshop equipped with two 10 x 10 roll-up doors and an office, plus a separate 380 sq. ft. office for added flexibility. New roof was installed on the shop in 2022, ensuring a well-maintained workspace. The two buildings that previously housed the cabinetry business can be repurposed for personal use or leased to other businesses, providing additional income potential. The 49 heated storage units, available in multiple sizes, offer a steady rental income stream. With the increasing demand for storage solutions, this property presents an opportunity for further expansion, such as indoor/outdoor storage for boats and cars, a much-needed service in the area. Additionally, the space could be ideal for a mechanics shop, welding and metal fabrication, or custom manufacturing. The sale includes land and buildings, with the option to discuss the purchase of machinery separately. The property benefits from flexible zoning, allowing for a wide range of business opportunities. A flexible closing is available in fall 2025, with an anticipated timeline of October or November. Don't miss this opportunity to bring your business vision to life in a fantastic location with excellent exposure and long-term growth potential.
Location
State ON
County Hastings
Community Herschel Ward
Area Hastings
Zoning Urban Industrial
Interior
Cooling No
Exterior
Parking Features Outside/Surface
Community Features Major Highway
Utilities Available Available
Building
Lot Description Lot
Lited by RIGHT AT HOME REALTY