*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.
Address
16 -18 Ontario Street N
List Price
$1,200,000
MLS® Status
Price Change
Expiration Date
2026-05-31
Property Type
Commercial
Type of Dwelling
Commercial-retail
Transaction Type
Sale
Area
Lambton Shores
Sub-Area
Grand Bend
Region
Lambton
Bathrooms
2
Lot Size Source
Other
Lot Depth
209.11
Lot Shape
Rectangular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
90.75
Parcel Number
434440236
Total Building Area
3836
Occupant Type
Tenant
Cross Street
Main Street & Ontario Street
Approx. Age
51 - 99 Years
MLS® Number
X12714450
Listing Brokerage
RE/MAX BLUEWATER REALTY INC.
Basement
Yes
Postal Code
N0M 1T0
Posession Details
Flexiable
Parking Spaces
18
Tax Amount
$8,358.00
Tax Year
2025
Site Influences
Major Highway
Community Features
Major Highway
Standard Status
Active
Board Or Association
London and St. Thomas Association of REALTORS
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
None
Tax Legal Description
LT 14 & 15 PL 30 STEPHEN; LAMBTON SHORES
Security Features
No
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