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Fonthill,ON L0S 1E6
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 3,553 sqft
Price per Sqft $421
MLS Listing ID 40682963
Abv Grd Liv Area 3,553
Originating Board Hamilton - Burlington
Annual Tax Amount $6,615
Property Description
This beautifully restored two-story building in the heart of Fonthill's vibrant and thriving town centre offers a rare opportunity to own a fully turn-key, fully leased property in a high-traffic location. With 3,331 ft² of meticulously engineered and redesigned space, this property seamlessly blends modern upgrades with historic charm, making it a standout asset for investors or owner-occupiers. The main floor features a versatile commercial/retail space with exposed original wood beams, providing character and charm, while offering high visibility on a bustling street—perfect for retail, office, service or medical uses. The second floor houses three fully rebuilt and renovated residential units, all designed to meet modern building codes. These units include two spacious two-bedroom apartments and one cozy one-bedroom apartment, each boasting high-quality finishes and updated systems, making them move-in ready. The building is fully leased, generating excellent cash flow and a healthy cap rate, ensuring strong and consistent rental income. This property is perfect for investors seeking stable returns or business owners looking for a live-work option. Situated on a vibrant, high-traffic street with excellent exposure, this turn-key building offers endless possibilities. Whether you’re moving in your business while benefiting from residential tenant income or adding this gem to your investment portfolio, this is an opportunity you won't want to miss out on.
Location
Province ON
County Niagara
Area Pelham
Zoning Main Street
Direction From 406, west on Highway 20. Property is on the left, just past Pelham St. From Regional Rd 24, east on Highway 20, past Haist & Church Hill. Property is on the right, just before Pelham St.
Rooms
Basement Partial
Kitchen 0
Interior
Interior Features High Speed Internet
Fireplace No
Exterior
Parking Features Gravel,Public
Utilities Available Electricity Connected,Garbage/Sanitary Collection,Natural Gas Connected,Recycling Pickup,Street Lights,Phone Connected
Street Surface Paved
Lot Frontage 65.0
Lot Depth 170.19
Garage No
Building
Lot Description Ample Parking,City Lot,High Traffic Area,Visual Exposure
Faces From 406, west on Highway 20. Property is on the left, just past Pelham St. From Regional Rd 24, east on Highway 20, past Haist & Church Hill. Property is on the right, just before Pelham St.
Story 2
Foundation Block,Stone
Sewer Sewer (Municipal)
Water Municipal
Structure Type Stucco,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 640660048
Ownership Freehold/None