16 -18 Ontario Street
Lambton Shores, ON
2 bath • 3,836 sqft • Commercial Retail • 220 days on market
*List Price is for both 16 & 18 Ontario St N being sold as a package* Prime commercial-residential opportunity in the heart of Grand Bend. This rare offering includes two side-by-side parcels with a combined 90 feet of frontage, ideally positioned in one of Ontario's best beachside communities. Located along the Hwy 21 corridor with C2 commercial zoning and over 200' of depth this property presents an exceptional investment for entrepreneurs, developers, or investors looking to capitalize and be part of Grand Bend's future growth. The property features an existing licensed restaurant with a 2 bedroom 1 bath apartment above and lots of onsite parking. The restaurant is currently leased (business is not for sale) with the apartment included in the lease. Complementing the commercial space on its own separate parcel is a converted dwelling offering two separate 2-bedroom 1 bathroom residential units with shared laundry facilities. Both units are currently leased month to month. The front unit has updated flooring, kitchen and bathroom while the second unit needs the handyman touch. The combination of residential and commercial uses creates a balanced investment with immediate cash flow and long-term upside. The side by side parcels create an attractive site for redevelopment potential with great exposure to year round traffic, growing year round population and high volume of summer tourism to the area. Located across the street from the newly renovated Colonial Hotel & Event space plus the newly redesigned commercial 4 plex. Just steps to the sandy beaches of Lake Huron, Main Street, local shops, restaurants and all that Grand Bend has to offer. This property sits in a high-demand area with limited availability of comparable opportunities. Price is for both parcels 16 and 18 Ontario Street and must be sold together. The restaurant business is not for sale. See MLS X12714490 for more information on 16 - 18 Ontario St.
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Listing Details
- Taxes (2025)
- $8,358
- Originally Listed
- $1,300,000
- Listed
- January 20, 2026
Price History
Property
- Age
- 51-99
- Lot Size
- 90.75 x 209.11 Feet
Location & Legal
- Cross Street
- Main Street & Ontario Street
- Zoning
- C2
- Parcel Number
- 434440236
- Possession
- Flexible
Commercial
- Business Type
- Hospitality/Food Related
- Occupancy
- Tenant
- Office / Apartment Area
- 2300 Sq Ft
Included
- Inclusions
- washer, dryer, fridge x 2, stove x 2, hood vent, small deep fryer, large bar fridge
- Exclusions
- All restaurant items chattels and fixtures are owned by Paddington's except listed as inclusions. Front and Back Patio's are property of the Restaurant.
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
- $622,500
- Homes sold
- 199
- Median days on market
- 38
- Sale-to-list price
- 94.9%
Based on 199 recorded sales of commercial properties in Lambton Shores over the last 12 months.
Listed by
RE/MAX BLUEWATER REALTY INC.
Location
Commercial figures
- Building area
- 3,836 sq ft
- Price per sq ft
- $312.83
- Annual property tax
- $8,358
- Tax per sq ft
- $2.18
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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