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FOR SALE · MLS® X13054842

L57, PL56 Mill Street

Bancroft, ON K0L 1C0

No civic address assigned. The MLS® land description is shown.

$9,890,000
L57, PL56 Mill Street, Bancroft — property photo 1 of 31 / 3
Bedrooms
Bathrooms
Property typeLand
Lot

THE PROPERTY

What the listing presents.

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.

Listing information is supplied by MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC. through an authorized IDX feed. Access, measurements, waterfront features, systems, taxes, availability and permitted uses should be independently verified.

PRIVATE DETAILS & SHOWINGS

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