$1,499,000

Commercial For Sale In North Fonthill, Fonthill, Ontario

$1,499,000

Property Information:

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.

Inclusions: All Hvac Equipment, Water Heater, Light Fixtures, And Washroom Fixtures, Excluding All Equipment As Listed In Schedule C.

Exclusions : As Per The List In Schedule C

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Partial
  • Construction Materials: Stucco, Vinyl Siding
  • Floor Space (approx): 3553 Square Feet
  • Interior Features: High Speed Internet
  • Lot Depth: 170.19 Feet
  • Lot Features: Ample Parking, City Lot, High Traffic Area, Visual Exposure
  • Lot Frontage: 65.00 Feet
  • Parking Features: Gravel, Public
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Security Features: Alarm System
  • Utilities: Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected
  • Water Source: Municipal
  • Zoning: Main Street
  • Sewer: Sewer (Municipal)

Courtesy of: Royal LePage NRC Realty

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