Share This Listing

Message

958 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Fully leased retail plaza with stable income stream.
  • Strong co-tenancy near Canadian Tire and Sobeys.
  • Flexible C1 zoning supporting multiple uses.
  • Prime location on high-traffic Grand River Street North.
  • Ample parking and excellent site accessibility.

Executive Summary

Secure a fully leased retail investment in the heart of Paris at 271 Grand River Street North, a prime commercial property positioned along one of the city’s busiest retail corridors. This ±4,380-square-foot plaza sits on a 0.378-acre site and offers exceptional visibility and accessibility, drawing consistent traffic from surrounding residential neighborhoods and nearby retail anchors such as Canadian Tire and Sobeys. The property features two units: a 1,450-square-foot space occupied by Subway and an additional 2,930-square-foot unit leased to complementary tenants, ensuring stable income and diversified tenancy.
With a going-in cap rate of 5.56% on the asking price of $1,549,000, this asset presents a compelling opportunity for investors seeking reliable cash flow in a growing market. The building’s flexible design allows for easy divisibility, while ample on-site parking enhances customer convenience. Located just minutes from downtown Paris, the site benefits from strong demographics and proximity to major transportation routes, making it an ideal long-term hold in a thriving commercial corridor. Permitted uses under C1 zoning include retail, office, personal services, and more, adding future adaptability to this investment.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,380 SF
Building Class
C
Year Built
1950
Price
$1,004,617 USD
Price Per SF
$229.36 USD
Cap Rate
6.15%
NOI
$61,784 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.35 AC
Zoning
C1 - Commercial
Parking
10 Spaces (1.97 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Nearby Major Retailers

Sobeys
Tim Hortons
  • Listing ID: 35481795

  • Date on Market: 4/14/2025

  • Last Updated:

  • Address: 271 Grand River St N, Brant, ON N3L 2N9

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}