
List Price: $1,895,000
407-409 Main Street, Grimsby, L3M 1T1
- By RE/MAX REAL ESTATE CENTRE INC.
Land|MLS - #X12216861|New
Bed
Bath
5.1 Sqft.
Outside/Surface Garage
Client Remarks
Discover the potential of this rare 5.10-acre Land, 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 commercial unit is currently leased, income-generating property. 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.
Property Description
407-409 Main Street, Grimsby, L3M 1T1
Property type
Land
Lot size
N/A acres
Style
Approx. Area
5.1 Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Building size
5.1
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--

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407-409 Main Street, Grimsby, L3M 1T1Nearby Places

Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Commercial PropertiesProperty Management
Mortgage Information
Estimated Payment
$0 Principal and Interest
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