407-409 Main Street W Grimsby, Ontario L3M 1T1

$1,799,000

Discover the potential of this rare 5.10 acre mixed use property in the thriving and scenic community of Grimsby, offering 171 feet of wide frontage and excellent visibility for investors, builders, and business owners. This unique property includes a commercial storefront currently operating as a convenience store along with 2 residential rental units, all fully leased and generating steady income, with the option for buyers to assume the existing tenancies or establish their own business. In addition to the main buildings, the property features a barn and additional structures with renovation potential, creating opportunities for expansion, improvement, or value add enhancements. With agricultural potential and scope for greenhouse operations, farming, and other permitted uses such as single dwellings, institutional uses, home occupations, bed and breakfast, showrooms, offices, and conference centres, the flexibility here is exceptional. Strategically located near the QEW, GO Station, shopping centres, Costco, and GO carpool facilities, the property offers seamless connectivity to the Greater Toronto Area and the Niagara Region, making it an outstanding opportunity for investors, owner occupiers, or those seeking a strong income property in a rapidly growing and highly desirable location. Vendor Take Back available up to $600,000. (id:55460)

Property Details

MLS® Number	X12670792
Property Type	Agriculture
Community Name	541 - Grimsby West
Amenities Near By	Highway, Public Transit
Farm Type	Farm

Building

Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	5 Acres
Type	Unknown
Utility Water	Municipal Water

Land

Acreage	Yes
Land Amenities	Highway, Public Transit
Sewer	Septic System
Size Depth	1444 Ft ,2 In
Size Frontage	171 Ft ,8 In
Size Irregular	5.1
Size Total	5.1 Ac
Size Total Text	5.1 Ac
Zoning Description	Nec

https://www.realtor.ca/real-estate/29223521/407-409-main-street-w-grimsby-grimsby-west-541-grimsby-west