41 & 45 Ontario Street, Lambton Shores (Grand Bend) - Business for Sale
41 & 45 Ontario Street, Lambton Shores (Grand Bend), Ontario, N0M1T0
This business in Lambton Shores is for sale offering roughly 28,740 sq ft of space.
Description
41 & 45 Ontario Street South, Grand Bend - Prime Commercial Opportunity with Development Potential Offered 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 Bend's 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 Bend's 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 site's 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. (id:66096)
Property Details
- MLS®
- X12950090
- Property Type
- Business
- Zoning
- C-2
- Interior Size
- 28,740 ft²
- Lot Size
- 214 × 132 ft (28,248 sq ft)
- Frontage
- 214 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $5,314.82/yr
- Listed
- 216 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 216 days on market, against an average age of 98 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 61 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Lambton Shores (Grand Bend) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N0M)
This home lists at $1,950,000, about 21.4× the local median household income of $91,000.
Carrying it typically needs a household income of about $380,903 (20% down, 25-yr amortization, stress-tested) — roughly 319% above the area median.
- Median household income
- $91,000
- Population
- 69,177
- Median age
- 46
- Owner / renter
- 82% / 18%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA N0M)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$1,950,000
Lambton Shores