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Last Updated : 474 Days ago
8 Highway No 20 Rd W, Pelham, Ontario, 662 - Fonthill

8 Highway No 20 Rd W, Pelham MLS Number: X11881085

662 - Fonthill, Pelham, Niagara, ON, L0S 1E6

$1,499,000

Status: OFF MARKET

  • Property Type: Commercial (Store W/Apt/Office)
  • Property Taxes : $6615.73 (Tax Year:2024)
  • Listing Courtesy : Royal Lepage Nrc Realty

8 Highway No 20 Rd W 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 ft 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 streetperfect 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 youre 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.

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8 Highway No 20 Rd W Property Facts

Property Type :Commercial
MLS Number :X11881085
Listing Type :Sale
Possession Date :
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Last Updated :04 Dec, 2024 (474 Days ago)
Source :TRREB
Area :Niagara
Postal Code : L0S 1E6
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8 Highway No 20 Rd W Property Price & Tax Insights

Price : $1,499,000
Property Taxes :$6615.73
Tax Year :2024

8 Highway No 20 Rd W, Pelham Property Details

Cross Street :Pelham & HWY 20

8 Highway No 20 Rd W, Pelham - Price History

2024-12

04 Dec, 2024

TREB #X11881085

Available

$1499000.0

8 Highway No 20 Rd W - Location Map and Landmarks

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