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47 Main Street

47 Main Street

East Luther Grand Valley, ON

  • 3 bath
  • 4,676 sqft
  • Commercial Retail
  • 366 days on market
$599,000Price reduced 12%

Excellent opportunity to be your own boss in this multi use commercial/residential building. High profile location on busy Main Street Grand Valley. Bring your ideas and imagination. Ideal for laundry, restaurant, retail store, gym and so much more. Lots of parking on street. Easy access to major highways. Previously operated as a Family Diner but easily adaptable to your specific needs and ideas. All restaurant equipment (on site) and chattels included. Upper level has two bedrooms and a 4 piece bath and laundry facilities. New furnace in december 2024. Small wired building in side yard was used for ice cream sales. Outside storage buildings. Main Floor features diner area, dining room, cook area and prep area and 2 -2 piece baths. Well maintained. Ideal set up for upper level living space to live and work from home. Private building parking (2).

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Listing Details

Taxes (2025)
$4,468
Originally Listed
$679,900
Listed
September 9, 2025

Price History

Property

Age
100+
Lot Size
62.01 x 75.43 Feet

Parking

Garage
Outside/Surface

Location & Legal

Cross Street
Mill and Main
Zoning
Commercial Flood Plain
Parcel Number
340680115
Possession
Immediate
Occupancy
Vacant

Commercial

Business Type
Hospitality/Food Related

Included

Inclusions
All equipment as seen on visit
Exclusions
any personal items
Rental Items
Hot Water Heater

Community

Postal area L9W

Population
48,790
Private dwellings
17,840
Median age
40.4
Average household size
2.8
Median household income
$110,000

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 East Luther Grand Valley · last 12 months

Median sold price
$715,000
Homes sold
48
Median days on market
37
Sale-to-list price
97.3%

Based on 48 recorded sales of commercial properties in East Luther Grand Valley over the last 12 months.

Listed by

RE/MAX REAL ESTATE CENTRE INC.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
4,676 sq ft
Price per sq ft
$128.10
Annual property tax
$4,468
Tax per sq ft
$0.96

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

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Outside storage buildings. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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