FOR SALE
$744,900
LOT 54 WIDDER ESTATES, Lambton Shores, ON, N0M 2N0
3
2
1500-2000
About the Property
6.28% CAP RATE! Strategically positioned within the high-traffic C2-zoned corridor of Grand Bend, 34 Ontario Street South offers premium highway exposure and established signage infrastructure in a high-visibility area. This versatile property features four fully tenanted units with a history of consistent occupancy, complemented by excellent frontage and on-site parking. Its location is a primary asset, situated just 950 meters from the Grand Bend Main Beach and even closer to the vibrant downtown core, ensuring high pedestrian and vehicle traffic essential for long-term commercial viability.
About the Property
6.28% CAP RATE! Strategically positioned within the high-traffic C2-zoned corridor of Grand Bend, 34 Ontario Street South offers premium highway exposure and established signage infrastructure in a high-visibility area. This versatile property features four fully tenanted units with a history of consistent occupancy, complemented by excellent frontage and on-site parking. Its location is a primary asset, situated just 950 meters from the Grand Bend Main Beach and even closer to the vibrant downtown core, ensuring high pedestrian and vehicle traffic essential for long-term commercial viability.
With the majority of units having undergone recent renovations to support a streamlined management profile, this property provides a solid foundation for existing revenue streams and future redevelopment within one of the region's most active growth corridors. Detailed financial information and lease summaries are available upon request for qualified inquiries. Any plans for mixed-use or future redevelopment should be confirmed directly with the Municipality of Lambton Shores, and the buyer is advised to verify all permitted uses, square footage, and financial representations.
Features
Property Details
MLS#:
X13081238
Status:
For Sale
Property Type:
Fourplex
Central A/C:
No
Bedrooms:
5
Heating Fuel:
Forced Air
Bathrooms:
4
Heating Type:
Forced Air
Parking:
5 Spots
Cross Street:
Ontario Street South
Basement:
Apartment, Full, Finished with Walk-Out
Similar Properties
With the majority of units having undergone recent renovations to support a streamlined management profile, this property provides a solid foundation for existing revenue streams and future redevelopment within one of the region's most active growth corridors. Detailed financial information and lease summaries are available upon request for qualified inquiries. Any plans for mixed-use or future redevelopment should be confirmed directly with the Municipality of Lambton Shores, and the buyer is advised to verify all permitted uses, square footage, and financial representations.
Features
Property Details
MLS#:
X13081238
Status:
For Sale
Property Type:
Fourplex
Central A/C:
No
Bedrooms:
5
Heating Fuel:
Forced Air
Bathrooms:
4
Heating Type:
Forced Air
Parking:
5 Spots
Cross Street:
Ontario Street South
Basement:
Apartment, Full, Finished with Walk-Out
Maintenance:
Exterior:
Brick
Possession Date:
Presented By:
PRIME REAL ESTATE BROKERAGE
Maintenance:
Exterior:
Brick
Possession Date:
Presented By:
PRIME REAL ESTATE BROKERAGE