ON > Grimsby > 541 - Grimsby West
Grimsby, ON L3M 1T1,407-409 Main ST W
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Grimsby, ON L3M 1T1,407-409 Main ST W
Grimsby, ON L3M 1T1,407-409 Main ST W
Grimsby, ON L3M 1T1,407-409 Main ST W
Grimsby, ON L3M 1T1,407-409 Main ST W
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Max Ortoli

Max Ortoli

+1(416) 398-1111
$ 1,895,000
Est. payment /mo
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Active

407-409 Main ST W Grimsby, ON L3M 1T1

5 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Farm

Listing Status Active

Purchase Type For Sale

Square Footage 5 sqft

Price per Sqft $379,000

Subdivision 541 - Grimsby West

MLS Listing ID X12216600

Annual Tax Amount $9,800

Tax Year 2024

Property Sub-Type Farm

Property 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.

Location

State ON

County Niagara

Community 541 - Grimsby West

Area Niagara

Zoning NEC

Interior

Cooling Yes

Inclusions With the property's flexible zoning, you have the opportunity to explore various uses, including commercial, residential, retail, office, or Farming & agriculture. Grimsby is an up-and-coming area with increasing demand for both residential and commercial spaces.Currently, the property includes a commercial storefront and two residential units, all of which are leased. This presents an excellent opportunity for investors and buyers seeking steady rental income.

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 171.7

Lot Depth 1444.2

Others

Security Features Partial

Listed by RE/MAX REAL ESTATE CENTRE INC.
agent

Max Ortoli

+1(416) 398-1111

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407-409 Main ST W

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