An exceptional investment opportunity for developers,builders & investors 5.10 acres land Commercial/Residence With 2 Apts,Situated in the heart of the picturesque town of Grimsby.Property is perfect for savvy investors,developers or business owners seeking to capitalize on the growing demand for real estate in this thriving area.High visibility location offers easy access to the QEW,Go station,Shopping Centres,Costco,Go Car Pool,connecting you to the Greater Toronto Area & the Niagara Region.The property is surrounded by a mix of residential,commercial, and retail developments,making it an ideal location for a variety of uses with significant frontage 171 ft,providing ample space and flexibility for future development.Permitted uses single dwellings, institutional use, home occupation & home industries, bed & breakfast, model home/showroom/office and sales outlet,conference centre,religious institution & more.This property is perfectly positioned to take advantage of that growth. With the property's flexible zoning, you have the opportunity to explore various uses, including commercial,retail,office,or development. Grimsby is an up-and-coming area with increasing demand for both residential and commercial spaces. VTB Available.
MLS# | 40643585 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 57 |
Listing Provided By | RE/MAX Real Estate Centre Inc, Brokerage | Pat Kakar |
SQ Feet | 2,200 |
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Zoning | NEC |
Acreage | 5.10 |
Province | ON |
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County | Niagara |
City | Grimsby |
Postal Code | L3M 1T1 |
Area | Grimsby |
Subarea | Grimsby East (542) |
Community Name | Grimsby East (542) |
Listing VS Median (in Grimsby East (542)) | |
Price: $1,895,000 low | high Med: $949,900 SqFt: 2,200 low | high Med: 1,950 $ / SqFt: $861 low | high Med: $487 On Site: 57 low | high Med: 34.000000 |