71 Main Street
Grand Bend / Lambton Shores, ON N0M 1T0
About This Property
GRAND BEND COMMERCIAL LEGACY LOCATION | THE ORIGINAL HOME OF THE INCONIC CHERYL ANN RESTAURANT | PRIME DEVELOPMENT OPPORUTNITY $113,000 ANNUAL RENT TO CARRY PRE-DEVELOPMENT | STEPS TO THE 3RD BEST BEACH IN CANADA | SITUATED ON THE FINAL BLOCK OF GRAND BEND'S FAMOUS MAIN SRIP BEFORE THE LAKE | 79 FEET OF MAIN STREET FRONTAGE. This rare Grand Bend offering is zoned for 100% lot coverage in the most prosperous and fastest growing beach town in the province. Currently, the property is tenanted with a high quality year round lease and is home to a successful restaurant and the most popular local hot spot as a licensed bar & patio. This offering however is not about lease income - it's about a palpable development opportunity or a premium location for your incredible business idea. It's about having a commercial property in Ontario's fastest growing shoreline community with C10 zoning allowing multi-unit residential complexes over commercial space with 100% density to the lot lines! The current business owner/tenant is willing to turn over the tenancy with the sale of the property. So, step into a great business, or explore the variety of opportunities that encompass a robust list of permitted uses for a future mixed development with commercial and residential units. With Grand Bend now becoming a year round destination and with this being the most price-minded commercial site currently available on The Strip, your new business idea or investment dollars could be part of this growth community. Voted as having the 3rd best beach in the entire country and one of the best sunsets in the world, come out and see why everyone is spending their money in Grand Bend! This property may be available for purchase together with 77 Main St, Grand Bend, ON - inquire with your Realtor today. **EXTRAS** Contact your Realtor for more information.
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13498842
Listed by ROYAL LEPAGE TRILAND REALTY
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.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$8,789
/month · $1,439,920 mortgage
Amortization
Total Interest
$1,196,825
Total Cost
$2,636,745
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE TRILAND REALTY














