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Home ON Greater Hamilton Grimsby Casablanca & Area
407-409 MAIN STREET W
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407-409 MAIN STREET W $1,895,000
$1,895,000
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407-409 MAIN STREET W
Grimsby (Grimsby West), Ontario L3M1T1

MLS® Number: X12217129

Listing 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. (40678445)

Location Description

Main St W & Casablanca Blvd

Property Summary

Property Type
Retail
Community Name
541 - Grimsby West
Land Size
5.1 ac
Annual Property Taxes
$9,800
Total Parking Spaces
10
Time on REALTOR.ca
14 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Septic System
Water
Municipal water
Business
Business Type
Retail and Wholesale (Retail misc.)
Neighbourhood Features
Amenities Nearby
Highway, Public Transit
Parking
Total Parking Spaces
10

Measurements

Square Footage
5 ac

Land

Lot Features
Frontage
171 ft ,8 in
Land Depth
1444 ft ,2 in
Other Property Information
Zoning Description
NEC
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
PAT KAKAR