| Development land opportunity on Mill Street in Bancroft, Ontario, offering flexibility for a range of potential uses, including seniors housing, townhomes, hotel, and commercial/retail development. The offering is available for purchase together or separately across three blocks: Block A offered at $1,750,000; Block B offered at $1,600,000; and Block C offered at $6,540,000. Current concept plans contemplate 109 townhomes, a 60-80 room four-storey hotel, an approximately 10,000 SF retail/commercial plaza, and a 77,000+ SF ISL/AL retirement residence. Positioned in close proximity to QHC North Hastings Hospital, the property offers a compelling opportunity to advance a mixed-use development concept with residential, hospitality, and commercial components. Please reach out to Raffaele Guglielmelli (Director, National Seniors Housing Group) for more information at 613-724-9562 or raff.g@marcusmillichap.com. |
| Price | $9,890,000 |
| Taxes: | $31491.37 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | L57, PL Mill Street , Bancroft, K0L 1C0, Hastings |
| Postal Code: | K0L 1C0 |
| Province/State: | Hastings |
| Legal Description: | Lot 57 and Part of Lot 56 on RCP 2196, P |
| Directions/Cross Streets: | Mill Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Designated |
| Total Area: | 50.44 |
| Total Area Code: | Acres |
| Washrooms: | 0 |
| Sewers: | None |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA IN |
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| Book Showing | Email a Friend |
| Type: | Com - Land |
| Area: | Hastings |
| Municipality: | Bancroft |
| Neighbourhood: | Bancroft Ward |
| Tax: | $31,491.37 |
| Fireplace: | N |