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58 Ontario Street

58 Ontario Street

Lambton Shores, ON

  • 2 bath
  • 13,820 sqft
  • Commercial Retail
  • 494 days on market
$850,000

Excellent opportunity with this prime commercial property located in Grand Bend on the busy Hwy 21. The lot measures approx 60' x 240' deep and currently has a 1450 sq ft building on it - divided into two separate 725 sq ft units. There is a nice-sized Pylon sign in place with excellent Hwy exposure. Both sides are currently tenanted with the lease expiring in Dec 2025. However, the opportunity also lies within the potential (further) development of this excellent location. Friendly C-2 Commercial zoning allows many uses - ask listing agent for details.

Listing Details

Taxes (2024)
$8,212
Listed
April 25, 2025

Price History

Listing history

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Property

Age
51-99
Lot Size
60 x 240 Feet

Parking

Garage
None

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Main St and Hwy 21
Zoning
Commercial-C2
Parcel Number
434440202
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Hospitality/Food Related

Community

Postal area N0M

Population
69,177
Private dwellings
32,011
Median age
46
Average household size
2.5
Median household income
$91,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Lambton Shores · last 12 months

Median sold price
$618,750
Homes sold
198
Median days on market
37
Sale-to-list price
94.9%

Based on 198 recorded sales of commercial properties in Lambton Shores over the last 12 months.

Listed by

CENTURY 21 FIRST CANADIAN CORP

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
13,820 sq ft
Price per sq ft
$61.51
Annual property tax
$8,212
Tax per sq ft
$0.59

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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Reita said:

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