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1421 Pelham Street Fonthill, Ontario L0S 1E0

11680 sqft
Air Conditioned Forced Air

$3,199,000

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:27910)

Business

BusinessType Other

Property Details

MLS® Number H4185436
Property Type Other
Features Elevator, Passenger Elevator
ParkingSpaceTotal 7

Building

CoolingType Air Conditioned
HeatingType Forced Air
SizeExterior 11680 Sqft
SizeInterior 11680 Sqft
UtilityWater Municipal Water

Parking

Surfaced

Land

Acreage No
Sewer Storm Sewer
SizeDepth 157 Ft
SizeFrontage 40 Ft
SizeIrregular 40 X 157
SizeTotalText 40 X 157|under 1/2 Acre
ZoningDescription Cg