71 Main St - Restaurant FOR SALE


Grand Bend, ON N0M 1T0
$1,800,000 CAD
519-870-7650
71 Main St, Grand Bend, ON for Sale
$1,800,000 CAD
Restaurant - FOR SALE
1/1
null | Request Cap Rate

71 Main St
Grand Bend, ON N0M 1T0


HIGHLIGHTS

  • Property is located in a high exposure location.
  • Heavy daytime foot traffic area.
  • Many retail amenities nearby!
  • Business value can be included!

OVERVIEW

GRAND BEND COMMERCIAL LEGACY LOCATION | THE ORIGINAL HOME OF THE INCONIC CHERYL ANN RESTAURANT | STEPS TO THE 3RD BEST BEACH IN CANADA | SITUATED ON THE FINAL BLOCK OF GRAND BEND'S FAMOUS MAIN SRIP BEFORE THE LAKE | 79 FEET OF MAIN STREET FRONTAGE. This rare Grand Bend offering is zoned for 100% lot coverage in the most prosperous and fastest growing beach town in the province. Currently, the property is tenanted with a high quality year round lease and is home to a successful restaurant and the most popular local hot spot as a licensed bar & patio. This offering however is not about lease income - it's about a palpable development opportunity or a premium location for your incredible business idea. It's about having a commercial property in Ontario's fastest growing shoreline community with C10 zoning allowing multi-unit residential complexes over commercial space with 100% density to the lot lines! The current business owner/tenant is willing to turn over the tenancy with the sale of the property. So, step into a great business, or explore the variety of opportunities that encompass a robust list of permitted uses for a future mixed development with commercial and residential units. With Grand Bend now becoming a year round destination and with this being the most price-minded commercial site currently available on The Strip, your new business idea or investment dollars could be part of this growth community. Voted as having the 3rd best beach in the entire country and one of the best sunsets in the world, come out and see why everyone is spending their money in Grand Bend! This property may be available for purchase together with 77 Main St, Grand Bend, ON - inquire with your Realtor today. **EXTRAS** Contact your Realtor for more information.

FOR SALE DETAILS

PRICE

$1,800,000 CAD

PRICE/SF

$497 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

C10

APN/PARCEL ID

384552001058300

ASK ABOUT THIS PROPERTY

Mike SloanRoyal LePage Triland RealtyMore Info
519-870-7650

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Mike SloanRoyal LePage Triland RealtyMore Info
519-870-7650

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.