16 Ontario Street N, Lambton Shores (Grand Bend) ON

About 16 Ontario Street N

*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 (id:56071). Get more information on 16 Ontario Street N

Property Features

Appliances:  Dryer, Stove, Washer, Refrigerator
Features:  Flat site, In-Law Suite
Rental Equipment:  
Directions:  Cross Streets: Main St and Ontario ST. ** Directions: On Main St, Just north of Municipal Drive and the Main St intersection.
Zoning Description:  C2
Interior Size:  2000 - 2500 sqft
Fence:  Fenced yard
View:  City view
Lot:  41.3 x 207.5 FT|under 1/2 acre 41.3 x 207.5 FT
Exterior Finish:  Aluminum siding, Concrete Block
Flooring:  Laminate, Tile
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas / Central air conditioning
Age: 51 to 99 years
Foundation: Block
Basement:  Partial, Crawl space

Rooms & Sizes

Bedroom Second level 2.74 m x 2.74 m	Den Second level 4.78 m x 2.83 m	Bedroom Second level 2.71 m x 3.44 m
Kitchen Main level 4.14 m x 4.87 m	Laundry room Main level 6.7 m x 1.67 m	Living room Main level 5.12 m x 3.59 m
Bedroom Main level 3.35 m x 3.11 m	Bedroom Main level 3.35 m x 2.4 m	Bathroom Main level 2.07 m x 1.85 m
Kitchen Main level 4.02 m x 4.15 m	Living room Main level 6.7 m x 3.26 m	Dining room Main level 2.5 m x 2.5 m
Bathroom Main level 2.5 m x 1.92 m