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$ 3,100,000
Est. payment /mo
Active
47 ONTARIO STREET N Lambton Shores (grand Bend), ON N0M1T0
1 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $3,100,000
Subdivision Grand Bend
MLS® Listing ID X12481199
Lot Size 0.679 Acres
Acres 0.679
Source London and St. Thomas Association of REALTORS®
Property Description
Positioned in the heart of Grand Bend, this mixed-use property presents a rare opportunity to acquire a versatile income-producing asset in one of Southwestern Ontario's most desirable beach towns. The site features a strong mix of income streams, including two commercial units, eight residential apartments, and a series of self-storage units, each contributing to a balanced and dependable revenue profile. Set in a prime, high-visibility location within walking distance to the beach, shops, and amenities, this property benefits from both steady local demand and the area's expanding year-round population. The residential units are well-sized and functional, while the commercial spaces cater to a variety of retail or service-based tenants. The self-storage component adds a low-maintenance income layer and further diversifies the property's cashflow. With Grand Bend continuing to see strong growth in tourism, residential development, and local business activity, this asset is strategically positioned for long-term appreciation. Well-maintained and efficiently operated, it's a compelling option for investors seeking stability, income diversity, and upside in a thriving lakeside community. Located on the shores of Lake Huron, Grand Bend is a highly regarded and fast-growing community within Lambton Shores, recognized for its strong tourism economy and expanding year-round population base. Long established as one of Ontario's premier beach destinations, Grand Bend has evolved into a balanced local market with stable residential demand and a diverse commercial environment that supports hospitality, retail, and professional services. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating No heat
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Virtual Tour https://lloydproductions.aryeo.com/videos/0199ce0a-23c7-70d3-a0f2-8a5ebd8a5f25
Listed by PRIME REAL ESTATE BROKERAGE
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