MLS®: 165289 Status: For sale

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$1,099,900
Location:

29 Main Street, Grand Bend Ontario, N0M1T0

29 Main Street, Grand Bend Ontario
Description:
A rock solid INCOME property on Main St in Grand Bend with 2 commercial units, a residential 3 bed/3 bath penthouse unit, & $30K fixed income w/ the potential for $100K annually all just steps from the beach! Fresh off a 7 figure overhaul right down to the studs, 29 Main St in Grand Bend indisputably offers a 3-in-1 package: a stellar 5 yr tenant at $30K per yr in a restaurant space w/ liquor license, a top notch lower level retail/office space waiting for your dream business (or @$20K+ per yr potential income), & a truly luxurious condo-type home on the top level that would trump almost any cottage downtown ($50K+ per yr potential income). The 3 bed home features open concept living beneath vaulted board & beam ceilings, same level laundry, outdoor BBQ deck, & an amazing use of space throughout. Buy and rent all three levels for a solid 10 to 12 cap, or just collect on the 2 commercial units and live for free upstairs all year long in this 4 season masterpiece. Can't beat that! (id:2471)
Property:
Type: Retail
Lot Dimensions: 76 X 86Acreage: 76 X 86|under 1/2 acre
Sewer: Municipal sewage systemWater: Municipal water
Structure:
Style: Retail
Bathrooms: 8
Heating: Hot water radiator heat, In Floor Heating
Heating Type: Natural gas
Cooling Type: Air Conditioned, Air exchanger
Features:
Handicapped adaptable     
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29 Main Street, Grand Bend Ontario

RE/MAX Centre City Realty Inc., Brokerage - REMAXLondon.com

Gord Prior
Sales Representative

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Telephone:
519-667-1800



Listing Office: ROYAL LEPAGE TRILAND REALTY

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