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

Listed for:
$679,000
0 beds
2 baths
Listed 1 day ago
18 Ontario Street N, Lambton Shores, Ontario N0M 1T0

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About

Cross Streets: Main Street & Ontario Street. ** Directions: Just north of Municipal Dr and the Main Street Interesection. 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. (id:27476)

Property Highlights

MLS® Number
X12941356
Type
Retail
Community Name
Grand Bend
Land Size
49.5 x 209.11 FT
Parking Space Total
15

Building

Square Footage
1536 sqft
Bathrooms Total
2
Amenities
Highway
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

Location

Learn more about this property
Listing provided by:
RE/MAX BLUEWATER REALTY INC.
MLS® number:
X12941356
Agent:
Mark Pedlar
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Street Spotlight - For sale