407-409 Main Street
Grimsby, ON
- 5 sqft
- Commercial Retail
- 237 days on market
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.
Listing Details
- Taxes (2026)
- $9,800
- Originally Listed
- $1,895,000
- Listed
- January 7, 2026
Price History
Listing history
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Property
- Lot Size
- 171.7 x 1444.2 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Septic
Location & Legal
- Cross Street
- Main St W & Casablanca Blvd
- Zoning
- NEC
- Parcel Number
- 460420233
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Retail Store Related
Included
- Inclusions
- With the property's flexible zoning, you have the opportunity to explore various uses, including commercial,residential,retail,office,or Farming & agriculture. Grimsby is an up-and-coming area with increasing demand for both residential and commercial spaces.Currently, the property includes a commercial storefront and two residential units, all of which are leased. This presents an excellent opportunity for investors and buyers seeking steady rental income.
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area L3M
- Population
- 28,433
- Private dwellings
- 11,465
- Median age
- 44.8
- Average household size
- 2.5
- Median household income
- $104,000
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 Grimsby · last 12 months
- Median sold price
- $715,000
- Homes sold
- 383
- Median days on market
- 26
- Sale-to-list price
- 96.7%
Based on 383 recorded sales of commercial properties in Grimsby over the last 12 months.
Listed by
RE/MAX REAL ESTATE CENTRE INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $9,800
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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