8 Highway No 20 Home For Sale Fonthill, Ontario L0S 1E6
40682963
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$1,499,000
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 ft² 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 street—perfect 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 you’re 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. (id:34792)
Property Details
| MLS® Number | 40682963 |
| Property Type | Office |
| Communication Type | High Speed Internet |
| Community Features | High Traffic Area |
| Features | Visual Exposure, Crushed Stone Driveway |
Building
| Basement Type | Partial |
| Exterior Finish | Stucco, Vinyl Siding |
| Fire Protection | Alarm System |
| Foundation Type | Stone |
| Stories Total | 2 |
| Size Exterior | 3553.0000 |
| Size Interior | 3553 Sqft |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 170 Ft |
| Size Frontage | 65 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Main Street |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/27704692/8-highway-no-20-fonthill
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December 04 2024 04:06:29
REALTORS® Association of Hamilton-Burlington
Royal LePage NRC Realty, Royal LePage NRC Realty Inc.
