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Elevated & Co. Realty RE/MAX Escarpment Realty Inc.
elevated & co. realty - RE/MAX Escarpment Realty
hello@elevatedandco.ca +1(905) 971-6777$ 2,150,000
Est. payment | /mo
28,740 SqFt
$ 2,150,000
Est. payment | /mo
28,740 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 28,740 sqft
Price per Sqft $74
Subdivision Grand Bend
MLS Listing ID X12051414
Building Age 51-99
Annual Tax Amount $5,314
Tax Year 2024
Property Sub-Type Investment
Property Description
Prime Commercial Opportunity with Development PotentialOffered for the first time in 50-years, this rare combined offering of 41 & 45 Ontario Street South in the heart of Grand Bend presents an exceptional opportunity for investors, developers, or entrepreneurs seeking a high-visibility location just a short walk to the beach and steps from the vibrant downtown core. The property spans approximately 214 feet of street frontage along one of Grand Bends main arteries, with a combined lot size of approximately 0.66 acres. The zoning is C-2 Commercial, allowing for a diverse range of uses including retail, restaurant, personal services, and mixed-use residential developments. Lambton Shores Official Plan supports medium-density residential development, with up to 30 residential units per acre for "multiple dwellings", creating a significant opportunity for those looking to tap into Grand Bends growing housing demand. The main parcel at 41 Ontario St. S. features a well-built and thoughtfully updated residential home, offering immediate use or rental potential. A detached single-car garage adds additional flexibility. The adjacent parcel at 45 Ontario St. S. includes an additional garage structure and expands the overall frontage, enhancing the sites visibility, development efficiency, and value. Whether you're envisioning a vibrant live-work concept, boutique retail-residential complex, or a multi-unit development, this contiguous parcel offers the space, zoning flexibility, and strategic location to bring your vision to life. Grand Bend continues to see strong growth, with increased demand for housing and services, and an increasingly business-friendly environment supported by streamlined permitting and community initiatives. Investors will appreciate the high-traffic location, strong local and seasonal foot traffic, and access to major transportation routes.
Location
Province ON
County Lambton
Community Grand Bend
Area Lambton
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 214.0
Lot Depth 132.0
Others
Security Features No
Virtual Tour https://listings.arccreative.ca/sites/gegrxkk/unbranded
Listed by CHESTNUT PARK REAL ESTATE LIMITED
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