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$2,150,000
Available - For Sale
Listing ID: X12051414
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.
Price $2,150,000
Taxes: $5,314.82
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Owner
Address: 41 & 45 Ontario Stre South , Lambton Shores, N0M 1T0, Lambton
Postal Code: N0M 1T0
Province/State: Lambton
Directions/Cross Streets: Lake Rd & Ontario St.
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: Retail
Building Percentage: T
Total Area: 28,740
Total Area Code:  Square Feet
Office/Appartment Area: 1373
Office/Appartment Area Code: Sq Ft
Approximatly Age: 51-99
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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CHESTNUT PARK REAL ESTATE LIMITED

41 & 45 Ontario Stre South , Lambton Shores, N0M 1T0, Lambton


 
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Type: Com - Investment
Area: Lambton
Municipality: Lambton Shores
Neighbourhood: Grand Bend
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Lot Size: x 132.00(Feet)
Approximate Age: 51-99
Tax: $5,314.82
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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