4 Bedroom 2 Bathroom 2,000 - 2,500 ft2
Central Air Conditioning Forced Air
$569,000
Prime opportunity for development in the heart of Grand Bend. Ideally positioned in one of Ontario's best beachside communities. Located along the Hwy 21 corridor with C2 commercial zoning, 41.25 feet of frontage 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 a converted dwelling offering two separate 2-bedroom 1 bathroom residential units with shared laundry facilities. Both units are currently leased month to month. The front unit has updated flooring, kitchen and bathroom while the second unit needs the handyman touch. The current residential use helps investors plan for the future of the property and creates a balanced investment with immediate cash flow and long-term upside. This is 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. Looking for more space, the property next door is also available to create a parcel with 90 feet of frontage to realize your larger development options! (id:51300)
Property Details
| MLS® Number | X12941284 |
| Property Type | Single Family |
| Community Name | Grand Bend |
| Amenities Near By | Beach, Marina |
| Features | Flat Site, In-law Suite |
| Parking Space Total | 3 |
| Structure | Porch, Outbuilding |
| View Type | City View |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Age | 51 To 99 Years |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| Basement Type | Partial, Crawl Space |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Concrete Block |
| Flooring Type | Laminate, Tile |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Beach, Marina |
| Sewer | Sanitary Sewer |
| Size Depth | 207 Ft ,6 In |
| Size Frontage | 41 Ft ,3 In |
| Size Irregular | 41.3 X 207.5 Ft |
| Size Total Text | 41.3 X 207.5 Ft|under 1/2 Acre |
| Surface Water | Lake/pond |
| Zoning Description | C2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
| Second Level | Bedroom | 2.74 m | 2.74 m | 2.74 m x 2.74 m |
| Second Level | Den | 4.78 m | 2.83 m | 4.78 m x 2.83 m |
| Second Level | Bedroom | 2.71 m | 3.44 m | 2.71 m x 3.44 m |
| Main Level | Kitchen | 4.14 m | 4.87 m | 4.14 m x 4.87 m |
| Main Level | Laundry Room | 6.7 m | 1.67 m | 6.7 m x 1.67 m |
| Main Level | Living Room | 5.12 m | 3.59 m | 5.12 m x 3.59 m |
| Main Level | Bedroom | 3.35 m | 3.11 m | 3.35 m x 3.11 m |
| Main Level | Bedroom | 3.35 m | 2.4 m | 3.35 m x 2.4 m |
| Main Level | Bathroom | 2.07 m | 1.85 m | 2.07 m x 1.85 m |
| Main Level | Kitchen | 4.02 m | 4.15 m | 4.02 m x 4.15 m |
| Main Level | Living Room | 6.7 m | 3.26 m | 6.7 m x 3.26 m |
| Main Level | Dining Room | 2.5 m | 2.5 m | 2.5 m x 2.5 m |
| Main Level | Bathroom | 2.5 m | 1.92 m | 2.5 m x 1.92 m |
Utilities
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29539635/16-ontario-street-n-lambton-shores-grand-bend-grand-bend