$3,199,000 FOR SALE

Commercial/Retail

Lot: 40 x 157 ftTotal Area: 11,680 ft2

1421 Pelham Street
Fonthill, ON L0S 1E0

Welcome to Fonthill Flats in downtown Fonthill! This location is as prestigious and prime as you can get downtown Fonthill / Pelham, and the property Commercial and Residential investment buyers usually only dream about! This 6-year young absolute gem of a property boasts a total of 5- 2-bedroom luxury apartments and 2 main-level businesses. First is an award-winning craft brewery/restaurant with a patio, and second is a wonderful retail space fronting the main road. There was no expense spared in the construction of the apartments, all brick and stone exterior with heated aggregate walkways, exquisite cabinetry, cherry oak staircases, high-end appliances, granite countertops, beautiful millwork around windows and doors, tankless water heater, 600v power & so much more! You will be absolutely stunned by this impressive multi-use building and the potential here for many years to come. In adding this to your investment portfolio, as nothing needs to be done here and is fully leased with a very healthy cap rate! (id:47423)

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Listed By RE/MAX Escarpment Golfi Realty Inc.
Data Provided By REALTORS® Association of Hamilton-Burlington
MLS® Listing Number H4185436
Last Updated Feb 15, 2024
Property Summary
Property Type Commercial/Retail

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Price History
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Detailed Information
Lot 40 x 157 ft
Total Area 11,680 ft2
Features Elevator, Passenger elevator
Listing Contract Date 2024-02-14
Location Description URBAN
# of Parking Spaces 7
Property Type Other
Transaction Type For sale
Zoning Description CG
Business
Business Type Other
Building
Cooling Type Air Conditioned
Heating Type Forced air
Size (Exterior) 11680 square feet
Utility Water Municipal water
Parking Spaces
Name Spaces
Surfaced
Land
Total Size 40 x 157 | under 1/2 acre
Sewer Storm sewer
Size of Irregular Land 40 x 157

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