For Sale

159 Y Road, Hastings Highlands (Herschel Ward), Ontario K0L1C0

$938,800

159 Y Road, Hastings Highlands (Herschel Ward), Ontario K0L1C0 is For Sale and has a listing price of 938,800. The property is located in the Hastings Highlands neighbourhood. It's been on the website for 36 Days.

  • Industrial
    Property Type
  • 1
    Bathrooms
  • MLS ID: X12059802
  • Office Name RIGHT AT HOME REALTY
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. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: X12059802
  • Bathrooms: 1
  • Price: $938,800
  • Transaction Types: For Sale
  • Ref ID: 28115670
  • Year Built: N/A
  • Property Type: Industrial
  • Property Type: Commercial
  • Property Sub Category: Industrial
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Hastings Highlands
  • $673,684 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100.52 % Up
  • Sold (12mo) 61
  • Rented (12mo) 1

  • 1 Month Change +45.6%
  • 3 Month Change +106.3%
  • 6 Month Change +96.5%
Walkscore
Property Type Distribution
  • All Houses
    74.35%
  • Commercial
    21.09%
  • Condo
    0.22%
  • Land for Sale
    4.35%
Additional Details
  • Sewers Septic System
  • Heating System Radiant Heat
  • Property Features Irregular Lot Size
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Farm/Agriculture Other
  • Listing Entry Date: 02/04/2025 00:00:00
  • Zoning Cr-5
  • Agent Name: NANCY BORSELLINO
  • Last Updated: 10/04/2025 20:24:31
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