382 Winston Road, Grimsby, ON Image 1

$749,999

Commercial Retail For Sale
MLS - #X12174731
May 27- By WEB MAX REALTY INC.

382 Winston Road, Grimsby, ON L3M 0H2

Bed
Bath
1000 Sqft.
None Garage

Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

1000 Sqft

About 382 Winston Road

Incredible Investment Opportunity Fully Leased Corner income-generating Commercial Unit in Grimsby-On-The-Lake.Strategically positioned on a corner unit with maximum exposure from both sides, this main floor retail space enjoys exceptional visibility in a high-traffic area, surrounded by new residential developments and anchored in a thriving commercial corridor.This property is currently tenanted by a fully fixtured hair salon with a five-year lease in place until July 2030, generating stable monthly rental income with built-in increases, totaling $250,000 over the lease term. The lease structure ensures reliable, escalating cash flow throughout the term. Importantly, the agreement provides landlord termination rights upon lease expiry, offering long-term flexibility to the future owner.Located just minutes from GO Transit, QEW access, and shopping destinations, this unit is ideal for investors seeking turnkey passive income and long-term capital appreciation.The Grimsby waterfront area is undergoing rapid transformation with new high-rise developments and proposed infrastructure upgrades, further boosting the area's growth potential and foot traffic. The property benefits from an unparalleled location in Grimsby's rapidly growing waterfront district. Positioned just steps from GO Transit services and with direct access to the QEW Highway, the location offers exceptional connectivity with Hamilton only 10 minutes away, St. Catharines within 20 minutes, and Toronto accessible within one hour. The strategic positioning places the property just 30 minutes from the Canada/US border and near the proposed new GO Train stop, enhancing long-term accessibility and growth potential.Note: This is a real estate investment opportunity. The hair salon business is not included in the sale.

Home Overview

Last updated

May 27

Virtual tour

None

Basement information

Building size

1000

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:N/A
Cooling:Yes
Heating:Electric Forced Air
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
74999900.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Map loading...
Walking Icon

Walk Score for 382 Winston Road

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$2864.49/ month

Some information about this property - Winston Road

Default Agent

Book a Showing

Tour this home with Angela

I agree to receive marketing and customer service calls and text messages from Condomonk. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms of Service.