Sue Davis

Sue Davis

Broker

Direct: 519-871-8968
Office: 519-238-7355
COLDWELL BANKER APPLEBY REAL ESTATE
BROKERAGE, INDEPENDENTLY OWNED & OPERATED

Property Details

14 MAIN Street, Grand Bend, Ontario, N0M1T0

14 MAIN Street, Grand Bend, Ontario, N0M1T0 (ID 40078573)
Representative
Sue Davis portrait
Sue Davis
Broker
Coldwell Banker Appleby Real Estate, Brokerage*
Cell: 519-871-8968
Tel: 519-238-7355

$799,700 - For sale

ID#:40078573

GRAND BEND COMMERCIAL INVESTMENT ALERT W/ POTENTIAL FOR RIVERVIEW / LAKEVIEW UNITS LOOKING UP THE RIVER - Add this one to your portfolio! 14 Main Street provides a stellar oversized location with on site private PARKING, 110 feet of prime commercial frontage (nearly 3 X standard frontage), and situated on the booming & famous Main Strip of Grand Bend, ON. From this location, running alongside the river only with Morenz Lane in between, your tenants & tenants' customers are a mere 500 meter stroll to a world class beach, the 3rd best in Canada according to Reader's Digest! And compared to most buildings on the strip, this 4 unit / 3 bathroom gem is rock solid, fully winterized & completely overhauled by Platinum Builders within the last decade! Sitting in the heart of highly profitable rapid growth neighborhood, you simply can't go wrong given the recent selling prices just a few doors away. Until you choose to move forward with development at this prime piece of real estate overlooking the river, this well-renovated 4 unit building will bring in over $42K (ask about how much higher this could be) per year in rental income with low expenses generating an impressive net ! The private on site parking for up to 9 cars is a very scarce in downtown sector. In fact, this particular property already has 10 additional parking spaces FULLY PAID FOR with Lambton Shores for additional liquor licensing. To clarify, a liquor license is not currently in effect at the property, but already having the additional parking grandfathered in will save a new licensee or the new property owner THOUSANDS in the future. Overall, the property is in fantastic shape. It's an easy money maker for years until you decide to upgrade. With fervent investment, growth & development in this area already well underway & with even more on the horizon, this would be a great addition to any investor's portfolio. Won't last long. (id:2471)

Location DescriptionGPS to 14 Main Street, Grand Bend, ON - Ideal OVERSIZED corner lot with PARKING & just Steps to the 3rd best beach in Canada, Grand Bend's famous ""Main Beach""

Property Details
  • Property Address:14 MAIN Street, Grand Bend, Ontario, N0M1T0
  • Property Type:Other
  • Title:Freehold
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Water access, Road access
Structure Details for 14 MAIN Street, Grand Bend, Ontario, N0M1T0
  • Building Age:1982
  • Heating Type:Natural gas
  • Style:Detached
  • Storeys:1
  • Basement Type:None
  • Exterior Type:Steel
Amenities for 14 MAIN Street, Grand Bend, Ontario, N0M1T0 Corner Site, Beach, Paved driveway, High Traffic Area, School Bus
  • Amenities Nearby:Beach, Schools, Shopping
Representative
Sue Davis portrait
Sue Davis
Broker
Coldwell Banker Appleby Real Estate, Brokerage*
Cell: 519-871-8968
Tel: 519-238-7355
Request Information
Mortgage Calculator Inputs
Mortgage Calculator Results
Note: All calculations for informational purposes only, and should be verified.
Get Pre-Approved

Listing Office: ROYAL LEPAGE TRILAND REALTY

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.


Loading...

14 MAIN Street, Grand Bend, Ontario, N0M1T0

The out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
By using our site, you agree to our Terms of Use
Translate ยป