$1,499,000
Available - For Sale
Listing ID: X11881085
8 Highway No 20 Rd West , Pelham, L0S 1E6, Ontario
| 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. |
| Price | $1,499,000 |
| Taxes: | $6615.73 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 8 Highway No 20 Rd West , Pelham, L0S 1E6, Ontario |
| Postal Code: | L0S 1E6 |
| Province/State: | Ontario |
| Lot Size: | 65.00 x 170.19 (Feet) |
| Directions/Cross Streets: | Pelham & HWY 20 |
| Category: | Store With Apt/Office |
| Building Percentage: | Y |
| Total Area: | 3553.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 1814 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 1739 |
| Retail Area Code: | Sq Ft |
| Sprinklers: | N |
| Heat Type: | Other |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE NRC REALTY |
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Dir:
647-472-6050
Bus:
905-709-7408
Fax:
905-709-7400
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Store W/Apt/Office |
| Area: | Niagara |
| Municipality: | Pelham |
| Neighbourhood: | 662 - Fonthill |
| Lot Size: | 65.00 x 170.19(Feet) |
| Tax: | $6,615.73 |
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