1421 Pelham Street

Welcome to Fonthill Flats in downtown Fonthill! This location is as prestigious & prime as you can get downtown Fonthill / Pelham, & the property Commercial & 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 & 2 main-level businesses. First is an award-winning craft brewery/restaurant with a patio, & second is a wonderful retail space fronting the main road. There was no expense spared in the construction of the apartments, all brick & stone exterior with heated aggregate walkways, exquisite cabinetry, cherry oak staircases, high-end appliances, granite countertops, beautiful millwork around windows & doors, tankless water heater, 600v power & so much more! You will be absolutely stunned by this impressive multi-use building & the potential here for many years to come. Nothing needs to be done here & is fully leased with a very healthy cap rate!