16 ONTARIO STREET N, Lambton Shores (Grand Bend), Ontario N0M1T0

16 ONTARIO STREET N
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*List Price is for both 16 & 18 Ontario St N being sold as a package* Prime commercial-residential opportunity in the heart of Grand Bend. This rare offering includes two side-by-side parcels with a combined 90 feet of frontage, ideally positioned in one of Ontario's best beachside communities. Located along the Hwy 21 corridor with C2 commercial zoning 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. Complementing the commercial space on its own separate parcel is a converted dwelling offering two separate 2-bedroom 1 bathroom residential units. Both units are currently leased month to month and feature updated flooring, kitchens and bathrooms with shared laundry facilities. The combination of residential and commercial uses creates a balanced investment with immediate cash flow and long-term upside. The side by side parcels create 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. Price is for both parcels 16 and 18 Ontario Street and must be sold together. The restaurant business is not for sale. See MLS X12714450 for more information on 18 Ontario ST

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

AppliancesWasher, Refrigerator, Stove, Dryer
BasementPartial, Crawl space
Bathrooms Total2
Bedrooms Total4
CoolingCentral air conditioning
FlooringTile, Laminate
HeatingForced air, Natural gas

Building & Exterior

Exterior FeaturesAluminum siding, Concrete Block
Foundation DetailsBlock
Parking FeaturesNo Garage
Stories1.5

Land & Location

City RegionGrand Bend
Frontage Length41.3 feet
Lot FeaturesFlat site, In-Law Suite
Lot Size Dimensions41.3 x 207.5 FT
ViewCity view

Utilities & Services

UtilitiesSewer, Electricity

Listing & Financials

Listing OfficeRE/MAX BLUEWATER REALTY INC.
Originating System NameLondon and St. Thomas Association of REALTORS®

Other Specifications

Common InterestFreehold
CountryCanada
Parking Total3

For Sale

$1,300,000

16 ONTARIO STREET N, Lambton Shores (Grand Bend), Ontario N0M1T0

Beds

4

Baths

2

Living Area

-

Lot Size

-

Property Type

House

Year Built

-

Listing IDX12714490

Location & Map

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16 ONTARIO STREET N, Lambton Shores (Grand Bend) | $1,300,000 | Lify.ca