50-52 & 54 Park Road
Grimsby, ON
- 9,700 sqft
- Industrial
- 106 days on market
Rare opportunity to acquire a unique multi property offering in the heart of Grimsby, consisting of 50-52 and 54 Park Road North, being sold together. Known as the historic Gadsby Property, this exceptional package combines approximately 9,700 sq ft of industrial/manufacturing space with two residential dwellings, creating outstanding potential for live/work use, investment, redevelopment, or repurposing opportunities. The industrial component features a gated entry and a substantial 3 storey manufacturing building, historically operated as a boot manufacturing facility since the 1940s. The space offers excellent versatility for future commercial, industrial, or mixed-use possibilities, subject to buyer due diligence and municipal approvals. Complementing the property are two residential homes, including a beautifully maintained and renovated heritage residence offering over 3,000 sq ft of living space with timeless architectural details, spacious principal rooms, modern kitchen finishes, and multiple bedrooms. A second detached dwelling further enhances the flexibility and income potential of the site. Ideally located minutes from the QEW in the growing Town of Grimsby, this is a rare opportunity to secure a landmark property with significant future potential. Properties being sold as is.
Listing Details
- Taxes (2025)
- $8,940
- Listed
- May 20, 2026
Price History
Property
- Lot Size
- 103 x 225 Feet
Parking
- Garage
- Other
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Central Ave
- Zoning
- ND, R2
- Parcel Number
- 460350294
- Possession
- Flexible
- Occupancy
- Vacant
Commercial
- Business Type
- Factory/Manufacturing
- Office / Apartment Area
- 1100 Sq Ft
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
- 385
- Median days on market
- 26
- Sale-to-list price
- 96.7%
Based on 385 recorded sales of commercial properties in Grimsby over the last 12 months.
Listed by
RE/MAX ESCARPMENT GOLFI REALTY INC.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 9,700 sq ft
- Price per sq ft
- $206.19
- Annual property tax
- $8,940
- Tax per sq ft
- $0.92
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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