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$1,895,000
Available - For Sale
Listing ID: X12217129
Discover the potential of this rare 5.10-acre property, 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 is currently home to a leased income-generating business. 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.
Price $1,895,000
Taxes: $9,800
Tax Type: Annual
Occupancy by: Tenant
Address: 407-409 Main Stre West , Grimsby, L3M 1T1, Niagara
Postal Code: L3M 1T1
Province/State: Niagara
Legal Description: PT LT 18 CON 2 NORTH GRIMSBY PT 1 30R480
Directions/Cross Streets: Main St W & Casablanca Blvd
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Retail
Use: Retail Store Related
Building Percentage: F
Total Area: 5.1
Total Area Code:  Acres
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Financial Statement: F
Franchise: F
Maintenance: 0
Sprinklers: Part
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Septic
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REAL ESTATE CENTRE INC.

407-409 Main Stre West , Grimsby, L3M 1T1, Niagara


 
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At a Glance:
Type: Com - Commercial Retail
Area: Niagara
Municipality: Grimsby
Neighbourhood: 541 - Grimsby West
Style:
Lot Size: x 1444.20(Feet)
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Tax: $9,800
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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