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14 Main Street Grand Bend, Ontario N0M 1T0

$799,700

GRAND BEND COMMERCIAL INVESTMENT ALERT W/ POTENTIAL FOR RIVERVIEW / LAKEVIEW UNITS LOOKING UP THE RIVER - Add this one to your portfolio! 14 Main Street provides a stellar oversized location with on site private PARKING, 110 feet of prime commercial frontage (nearly 3 X standard frontage), and situated on the booming & famous Main Strip of Grand Bend, ON. From this location, running alongside the river only with Morenz Lane in between, your tenants & tenants' customers are a mere 500 meter stroll to a world class beach, the 3rd best in Canada according to Reader's Digest! And compared to most buildings on the strip, this 4 unit / 3 bathroom gem is rock solid, fully winterized & completely overhauled by Platinum Builders within the last decade! Sitting in the heart of highly profitable rapid growth neighborhood, you simply can't go wrong given the recent selling prices just a few doors away. Until you choose to move forward with development at this prime piece of real estate overlooking the river, this well-renovated 4 unit building will bring in over $42K (ask about how much higher this could be) per year in rental income with low expenses generating an impressive net ! The private on site parking for up to 9 cars is a very scarce in downtown sector. In fact, this particular property already has 10 additional parking spaces FULLY PAID FOR with Lambton Shores for additional liquor licensing. To clarify, a liquor license is not currently in effect at the property, but already having the additional parking grandfathered in will save a new licensee or the new property owner THOUSANDS in the future. Overall, the property is in fantastic shape. It's an easy money maker for years until you decide to upgrade. With fervent investment, growth & development in this area already well underway & with even more on the horizon, this would be a great addition to any investor's portfolio. Won't last long. (id:34868)

Property Details

MLS® Number 40078573
Property Type Other
Amenities Near By Beach, Schools, Shopping
Community Features High Traffic Area, School Bus
Features Corner Site, Beach, Paved Driveway
Parking Space Total 5
Sign Type Signband

Building

Basement Type None
Constructed Date 1982
Construction Style Attachment Detached
Exterior Finish Steel
Fire Protection Smoke Detectors
Fireplace Present No
Heating Fuel Natural Gas
Stories Total 1
Size Exterior 2500.0000
Utility Water Municipal Water

Land

Access Type Water Access, Road Access
Acreage No
Land Amenities Beach, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 110 Ft
Zoning Description C10

https://www.realtor.ca/real-estate/22907385/14-main-street-grand-bend

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Rick Pritchard
Broker

519-878-1381

Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B

519-381-3499

Janelle Pritchard
Sales Representative

-

519-902-1757

Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B

519-381-3499

Denise Mann
Sales Representative

-

519-691-5635
https://onesmartmove.ca

Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B

519-381-3499

Phillip Hallman
Broker

-

519-709-8903
https://onesmartmove.ca/

Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B

519-381-3499

Andrew Gariepy
Sales Representative

-

519-851-3099
https://onesmartmove.ca/

Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B

519-381-3499