Office in Lambton Shores available for sale
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Office Space for Sale in Lambton Shores

Lambton Shores Office Space for Sale

More details for 37 Ontario St N, Lambton Shores, ON - Office for Sale

37 Ontario St N

Lambton Shores, ON N0M 1T0

  • Office/Retail for Sale
  • $1,450,000 CAD
  • 9,000 SF
  • 1 Unit Available
  • Air Conditioning

Lambton Shores Office for Sale

**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! Attention investors in search of a STABLE & SECURE venue to park some money: This young & fresh 9000 SQ FT 3-UNIT/TRIPLE TENANT commercial condo provides reliable fixed term income across 3 separate units generating just over $90K per yr collectively on 3 separate term leases, all NET NET agreements, with the healthy TMI/CAM (an additional $61K + UTILITIES) leaving the owner with 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 equities, which is likely the catalyst for the substantial investments that have been made in the Grand Bend area over past 36 months, all simultaneous to more & 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 4 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 result in stronger customer bases for the year round commercial tenants 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! Plus, the potential 2 new EV chargers (currently in the approval phase) could generate even more income! 10+ all around!

Contact:

Royal LePage Triland Realty

Date on Market:

2025-03-05

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Office Spaces for Sale in Lambton Shores

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How many office spaces are available for sale in Lambton Shores?
There are currently 1 office spaces available for sale in Lambton Shores, offering a unique opportunity for businesses to establish a presence.
How big are the office spaces available for sale in Lambton Shores?
The average size of office spaces available for sale in Lambton Shores is about 9,000 SF. The largest office spaces available to buy is 9,000 SF and the smallest is 9,000 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for office spaces in Lambton Shores?
The average market cap rate for office spaces for sale is about 6.00% based on data provided in Lambton Shores. Learn more about how cap rates are calculated.