NewFor Sale

407-409 Main Street W
Grimsby, Niagara, ON, L3M 1T1

Commercial Retail
TRREB
MLS® Number: X12217129
$1,895,000List Price
Commercial RetailProperty Type
5.1 acresSize
$9,800 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 407-409 Main Street W, Grimsby, ON L3M 1T1

No listing history available for this property

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Description

Discover the potential of this rare 5.10-acre property, ideally positioned for developers, builders, and investors. Located in the thriving and scenic community of Grimsby, this high-visibility site offers a unique blend of commercial and residential zoning with a wide frontage of 171 feet.The property features two residential apartments and is currently home to a leased income-generating business. Buyers have the option to assume the existing lease for steady rental income or take advantage of the retail space to establish their own business.Currently, the property includes a commercial storefront and two residential units, all of which are leased. This presents an excellent opportunity for investors seeking steady rental income or for buyers interested in establishing their own business on the premises. The buyer also has the option to assume the existing tenancies Strategically located near major amenities including the QEW, GO Station, shopping centres, Costco, and GO carpool facilities, this site offers seamless connectivity to both the Greater Toronto Area and the Niagara Region. Surrounded by a mix of residential, commercial, and retail, the property is ideal for a range of permitted uses including single dwellings, institutional use, home occupations and industries, bed and breakfast, showrooms, Farming , agriculture, offices and sales outlets, conference centres, and religious institutions. Whether you're seeking a strong income property or a strategic location for your business, this opportunity checks every box in a rapidly growing community. VTB Available $750,000

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$9,800 / 2024
Listing #:X12217129
Property Type:Commercial Retail
Size:5.1 acres
Land Size:171.7 x 1444.2
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX REAL ESTATE CENTRE INC.

Rooms

Details

Property

Property Type:Commercial Retail
Community:541 - Grimsby West
Municipality:Niagara

Building

Size:5.1 acres

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Rooms:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed
Utility Sewer:Septic

Land

Cross Street:Main St W & Casablanca Blvd

$1,895,000

List price

407-409 Main Street W, Grimsby – Commercial Retail for sale · MLS® # X12217129