59 MAIN STREET

$479,000.00

Description

Grand Bend Commercial Development Opportunity – NEW PRICE $479,000

This is the final vacant commercial parcel on Grand Bend`s famously prosperous Main Strip, located directly next door to one of the most active & successful businesses in town & just 1 block from the 3rd best beach in the entire country as polled by Reader`s Digest in 2015.

Unique when compared to other Main St properties, this lot is MASSIVE, so deep that it fronts both Main St and King St the next block over. This situation is ideal for a business looking to establish a licensed property requiring additional parking or a compound containing multiple buildings with access on both sides. It`s one of only three commercial Main St. properties that front two roads. There is literally nothing like it on the market; nor is there likely to be for decades to come; & it`s still priced well within the comparable sales from the last several years! Want to get in on the magic of Grand Bend? This may be your last chance.

Commercial Investors and Businesses owners, I need barely 2 minutes of your time here…Main Street in Grand Bend is a summer time cash cow that is slowly becoming a 4 season destination and I have listed the last vacant commercial property on the strip!  Before I deliver the details on this stellar location and the variety of income earning possibilities with zoning that permits multiple commercial and residential units, let’s talk Grand Bend and why it’s recently on everyone’s radar.

Out of all the beach communities in southwestern Ontario, Grand Bend has been a remarkably strong performer when it comes to real estate appreciation and general economic growth.  Here’s why –

Grand Bend Investment Factor #1 – BEACH QUALITY:  we have phenomenal ocean like beaches.  Our location along this leeward shoreline means, we get more sand than almost any other area in the lake.

Grand Bend Investment Factor #2 – GEOGRAPHY:.  just 45 minutes from the US border and 1 to 2 and a half hours from 6 of the largest metropolitan areas in Ontario, including the Greater Toronto area.  As heavy traffic on the 400 highway continues to add hours to a weekend trip to Muskoka, more and more Torontonians are coming to the Bend.  And with the Canadian Dollar continuing to struggle against the green back, the Americans are love Grand Bend.

Grand Bend Investment Factor #3 – DEVELOPMENT: with new developments popping up and a younger demographic emerging, your earning potential in all 4 seasons is growing stronger by the day.  If this wasn’t the case, how could this town support two major market groceries stores, a full service medical centre, the brand new liquor store, and a new sewer infrastructure project that is finally coming down the pipe…no pun intended?

Bottom line, Grand Bend is going places, and you could be the owner of the last remaining vacant commercial parcel in town on this famously prosperous Main Strip, located directly next door to one of the most active & successful businesses this town has ever seen.  And don’t forget, this location is just 1 block from the beach.

When compared to the prices of recent sales of commercial property on the Strip, it’s a no brainer.  And why is vacant land such a plus?  Because the bulk of Main Street sales as shown here came with buildings that needed work.  In fact, the closest comparable just down the street that sold for over $350,000 more came with a building that was torn down.  Here, you start with a clean slate, with the potential for lakeview apartments on the upper stories overtop of booming commercial activities below and street access on both ends of the lot.  This is actually only one of 3 lots in town fronting two streets and given its massive dimensions (literally 3 x the size of the standard 40 x 80 downtown lot), one could easily arrange for ample parking on site while still offering generous floor space across multiple units.  Parking by the way is something that has become very scarce in the downtown area, especially for licensed properties that need it.

As we wrap, I want to remind you of the C10 zoning on this lot … this commercial zoning in Lambton shores allows great flexibility for a combination of commercial and residential units at pretty much any quantity you can integrate into the property.  Visit the link below to access full details on Lambton Shore’s C10 zoning.  Ya know my sellers would have moved forward with development years ago, but other business opportunities simply don’t have them spending enough time in Grand Bend to manage such a project.  They’re motivated to pass the baton to another creative and eager investor offering seller financing to qualified buyers.  Just gimme a call at 519-870-7650 for more details, or to take a ride through town for one of my famous Grand Bend Commercial Buyer tours.  I’m Mike Sloan, and I’ll see you at the beach.

Location Information

Address: 59 MAIN ST
Area: LS
Country: Canada
District: LS
District Name: Municipality of Lambton Shores
Electricity Access: On Road
Gas Access: On Road
Sewer: Municipal Sewers
Major Area Text: Lambton County
Nearby: Shopping Nearby, Flat Site, Highway Nearby, Beach Property
Phone Access: On Road
Province Of Street Address: ON
School District: GB
School District Name: Grand Bend (SB)
Street: MAIN
Sub-Area: GB

External Features

Land Description: 1 BLOCK FROM BEACH
Lot Dimensions: 65` X 142`
Property Size: Less Than 1 Acre
Side of Road: North
Soil Condition: WELL SORTED SANDY OUTWASH

Features

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