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$679,000
Available - For Sale
Listing ID: X12941356
Prime commercial opportunity in the heart of Grand Bend. Currently operating as a restaurant ideally positioned in one of Ontario's best beachside communities. Located along the Hwy 21 corridor with C2 commercial zoning, 49.5 feet of frontage and over 200' of depth this property presents an exceptional investment for entrepreneurs, developers, or investors looking to capitalize and be part of Grand Bend's future growth. The property features an existing licensed restaurant with a 2 bedroom 1 bath apartment above and lots of onsite parking. The restaurant is currently leased (business is not for sale) with the apartment included in the lease. Want the property as an investment? The current restaurant is a great business in the local community and long term tenant BUT if you're looking to open your own restaurant this gives you the space to do that once the lease expires. This property is an attractive site for redevelopment potential with great exposure to year-round traffic, growing year-round population and high volume of summer tourism to the area. Located across the street from the newly renovated Colonial Hotel & Event space plus the newly redesigned commercial 4 plex. Just steps to the sandy beaches of Lake Huron, Main Street, local shops, restaurants and all that Grand Bend has to offer. This property sits in a high-demand area with limited availability of comparable opportunities. The restaurant business is not for sale. The property next door is also available for sale to create 90 feet of frontage along Highway 21 and includes a converted dwelling with 2 x 2 bedroom 1 bathroom units.
Price $679,000
Taxes: $6,030
Tax Type: Annual
Occupancy by: Tenant
Address: 18 Ontario Street North , Lambton Shores, N0M 1T0, Lambton
Postal Code: N0M 1T0
Province/State: Lambton
Legal Description: LT 14 PL 30 STEPHEN; LAMBTON SHORES
Directions/Cross Streets: Main Street & Ontario Street
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Highway Commercial
Use: Hospitality/Food Related
Building Percentage: T
Total Area: 1,536
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Approximatly Age: 51-99
Maintenance: 0
Sprinklers: No
Outside Storage: F
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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RE/MAX BLUEWATER REALTY INC.

18 Ontario Street North , Lambton Shores, N0M 1T0, Lambton

Personal Picture
Paulette Zander
Sales Representatives
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416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Commercial Retail
Area: Lambton
Municipality: Lambton Shores
Neighbourhood: Grand Bend
Style:
Lot Size: x 209.11(Feet)
Approximate Age: 51-99
Tax: $6,030
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908