Primary photo of 407-409 MAIN STREET W, Grimsby (Grimsby West)
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Vacant Land For Sale

$1,699,000

407-409 MAIN STREET W

MLS® Number: X13000178

Floor Area

5

Land Size

5.1

About This Property

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 $350,000.

Property Details

Interior Details

Cooling

Fully air conditioned

Heating

Forced air, Natural gas

Living Area

5

Land & Location

City Region

541 - Grimsby West

Frontage Length

171.8 feet

Lot Size Area

5.1 acres

Lot Size Dimensions

5.1

Postal Code

L3M1T1

Listing & Financials

Listing Office

RE/MAX REAL ESTATE CENTRE INC.

Originating System Name

Toronto Regional Real Estate Board

Other Specifications

Country

Canada

Mortgage Calculator

20% ($339,800)
5.5%
25 Years

Estimated Monthly Payment

$8,347

Principal and interest only. Actual rates may vary.

Location & Map

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List Property407-409 MAIN STREET W - Vacant Land for Sale in Grimsby (Grimsby West), Ontario | MLS® X13000178