8 Highway No 20 W Road, Pelham, ON L0S 1E6

  • $1,499,000
8 Highway No 20 W Road, Pelham, ON L0S 1E6
  • X11881085
  • MLS® Number
  • Store W Apt/Office, Commercial
  • Property Type
  • 3553
  • Sqft
Active For Sale
8 Highway No 20 W Road, Pelham, ON L0S 1E6
8 Highway No 20 W Road, Pelham, ON L0S 1E6
  • $1,499,000

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.

Details

MLS® Number
X11881085
Property Size
3553 Sqft
Updated on December 4, 2024 at 5:18 pm

Additional details

  • Utilities: Available
  • Cooling: Yes
  • County: Niagara
  • Property Type: Commercial Sale

Address

  • Address 8 Highway No 20 W Road
  • City Pelham
  • State/county ON
  • Zip/Postal Code L0S 1E6
  • Country CA

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
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