407-409 Main Street W, Grimsby, Ontario L3M 1T1

Listed for:
$1,895,000
0 beds
0 baths
Listed 109 days ago
407-409 Main Street W, Grimsby, Ontario L3M 1T1

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Learn more about this property
Listing provided by:
RE/MAX REAL ESTATE CENTRE INC.
MLS® number:
X12216861
Agent:
Pat Kakar
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About

Main St W & Casablanca Blvd Discover the potential of this rare 5.10-acre Land, ideally positioned for developers, builders, and investors. Located in the thriving and scenic community of Grimsby, this high-visibility site offers a unique blend of commercial and residential zoning with a wide frontage of 171 feet.The property features two residential apartments and commercial unit is currently leased, income-generating property. Buyers have the option to assume the existing lease for steady rental income or take advantage of the retail space to establish their own business.Currently, the property includes a commercial storefront and two residential units, all of which are leased. This presents an excellent opportunity for investors seeking steady rental income or for buyers interested in establishing their own business on the premises. The buyer also has the option to assume the existing tenancies Strategically located near major amenities including the QEW, GO Station, shopping centres, Costco, and GO carpool facilities, this site offers seamless connectivity to both the Greater Toronto Area and the Niagara Region. Surrounded by a mix of residential, commercial, and retail, the property is ideal for a range of permitted uses including single dwellings, institutional use, home occupations and industries, bed and breakfast, showrooms, Farming , agriculture, offices and sales outlets, conference centres, and religious institutions. Whether you're seeking a strong income property or a strategic location for your business, this opportunity checks every box in a rapidly growing community.VTB Available $750,000 (id:27476)

Property Highlights

MLS® Number
X12216861
Type
Vacant Land
Community Name
541 - Grimsby West
Land Size
5.1 ac
Parking Space Total
10

Building

Square Footage
5 ac
Amenities
Highway, Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water
Utility Sewer
Septic System

Location

Street Spotlight - For sale