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MLS® X13749012
Lambton Shores, ON
**ATTENTION INVESTORS** scoop up an easy 6 CAP with this hassle free GRAND BEND income opportunity just steps to the 3rd best beach in Canada & situated in a high traffic location in one of the fastest growing rural towns in the country! In search of a STABLE & SECURE venue to park some money: This young & fresh 9000 SQ FT commercial condo w/ 26 YR tenant on a BRAND NEW 5 YR TRIPLE NET LEASE (commencing Sept 15, 2026) provides reliable fixed term income generating $81K per yr for the first 3 yrs & $85.5K on the last 2 years, w/ the TMI covering everything else & leaving the owner w/ ZERO expenses per yr! As most savvy income-minded investors are aware, successful business tenants in a growing community are likely a safer bet than the stock market/equities, which is likely the catalyst for the substantial investments that have been made in the Grand Bend area over past 3 to 5 yrs, all simultaneous to more families & younger generational buyers migrating to the beach for year round living! Bottom line, the smart money is recognizing this trend & its here in Grand Bend. During the past 5 years alone, there has been approximately 10 X more capital invested on individual property sales for development & investment purposes on commercial & mixed use properties in Grand Bend than the total amount spent on such land & buildings in the previous 20 yrs COMBINED! Why is all of this so crucial for a commercial income property like this one? Because, these trends is now fostering a rapidly growing customer base for the year round commercial tenant at this excellent location! And w/ commercial tenancy, landlord's upkeep responsibilities are minimal + the Commercial Tenancies Act is more landlord friendly than the RTA! This offering provides easy low hassle income in a prime spot w/ everlasting visibility directly across from the Tim Horton's drive thru! 10+ all around!
Broker
ROYAL LEPAGE TRILAND REALTY
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Commercial Retail
37 ONTARIO Street N #1 Lambton Shores
Lambton Shores
Built
16-30
Type
Commercial Retail
Parking
None
Property Tax
~$0/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
9000 sqft
Parking
None
Finances
List Price
$1,350,000
Price per SQFT
$150/sqft
Property Tax
~$0/yr
Property Specs
Property Type
Commercial Retail
MLS Size
9000 sqft
Age of Building
16-30
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
Lambton Shores
Listed On
Sep 5, 2026
Major Highway
Recreation/Community Centre
Days on Market
Current: 63 days
Room information is not available for this listing.
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