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50-52 & 54 Park Road

542 - Grimsby East / Grimsby, ON L3M 2P3

ActiveFor Sale
0 Beds
0 Baths
9,700 Sq Ft
Commercial

About This Property

Rare opportunity to acquire a unique multi property offering in the heart of Grimsby, consisting of 50-52 and 54 Park Road North, being sold together. Known as the historic Gadsby Property, this exceptional package combines approximately 9,700 sq ft of industrial/manufacturing space with two residential dwellings, creating outstanding potential for live/work use, investment, redevelopment, or repurposing opportunities. The industrial component features a gated entry and a substantial 3 storey manufacturing building, historically operated as a boot manufacturing facility since the 1940s. The space offers excellent versatility for future commercial, industrial, or mixed-use possibilities, subject to buyer due diligence and municipal approvals. Complementing the property are two residential homes, including a beautifully maintained and renovated heritage residence offering over 3,000 sq ft of living space with timeless architectural details, spacious principal rooms, modern kitchen finishes, and multiple bedrooms. A second detached dwelling further enhances the flexibility and income potential of the site. Ideally located minutes from the QEW in the growing Town of Grimsby, this is a rare opportunity to secure a landmark property with significant future potential. Properties being sold as is.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size9,700 sq ft
Bedrooms0
Bathrooms0
Postal CodeL3M 2P3
Last UpdatedAug 8, 2026 · 5:33 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13152660

Listed by RE/MAX ESCARPMENT GOLFI REALTY INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,999,999

asking price

MLS®X13152660
TypeCommercial
CityGrimsby
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$9,766

/month · $1,599,999 mortgage

Down Payment20% — $400,000
Interest Rate5.5%

Amortization

Total Interest

$1,329,878

Total Cost

$2,929,877

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

RE/MAX ESCARPMENT GOLFI REALTY INC.