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8 HIGHWAY NO 20 Fonthill

8 HIGHWAY NO 20, Fonthill, Ontario

$1,499,000

3,553 Square Feet
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:50004)
  • Listing ID: 40682963
  • Property Type: Office
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Details

  • Communication: High Speed Internet
  • Community Features: High Traffic Area
  • Features: Visual exposure, Crushed stone driveway
  • Ownership: Freehold
  • Transaction: For sale
  • Zoning Description: Main Street

Building

  • BasementType: Partial
  • Exterior Finish: Stucco, Vinyl siding
  • Fireplace Present: False
  • Fire Protection: Alarm system
  • Foundation: Stone
  • Size Exterior: 3553.0000
  • Size Interior: 3553 sqft
  • Stories Total: 2
  • Utility Water: Municipal water

Land

  • Access Type: Road access
  • Sewer: Municipal sewage system
  • Size Frontage: 65 ft

REALTOR® MLS®

Listing provided courtesy of Royal LePage NRC Realty

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    This property for sale is located at 8 HIGHWAY NO 20 in Fonthill. It was last modified on December 4th 2024. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Fonthill properties for sale.

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