One of the Best Corner Sites in Southwestern Ontario!
1, 4, 5 Main Street, Grand Bend, Ontario
FOR SALE: $2,850,000.00
Located at the corner of Main and Ontario Streets, this package comprises The Colonial Hotel, The Gables Bar, (a combined AGCO license of 842 seats) a well appointed owners log cabin residence, a three bedroom, two-storey rental property, a large drive shed, paved parking for approximately 140 vehicles, and private docks on the Ausable River across from the Hotel. This is Grand Bend’s oldest family style hotel, in business since 1945 and open year round. Next door is The Gables, a night time location with three separate bars on two levels, open seasonally.
The entire parcel is approximately 2.20 acres (subject to final severance) and is offered either as a redevelopment opportunity or a continuation of a well established business.
THE COLONIAL HOTEL
COLONIAL RESTAURANT, 1 Ontario St. N
The Colonial Hotel main floor is divided into a family style 80 seat dining room and the Rod & Gun Room, a 124 seat lounge and bar. Upstairs the Colonial offers 14 guest rooms in varying configurations. In addition there are 3 rooms for staff and 2 rooms to accommodate entertainment bands and crew. The Hotel operates all year round and is well equipped (a full equipment list is available). The large adjoining parking lot provides on site parking for around 140 vehicles
ROD & GUN BAR
THE GABLES, 5 Main Street
Located immediately west of the Colonial Hotel, The Gables is also known as “The Home of Rock’n Roll” in Grand Bend. Two levels with three separate bars operate as a sports bar/nightclub. Top 40 cover acts and various theme nights such as Karaoke, free Pool nights and Jam Nites provide regular entertainment. This restaurant is licenced for 475 persons indoors, and 128 persons on the patio.
AGCO Licenced: for 842 persons
Services: Full municipal services available
Zoning: Commercial, C1.1
PROPERTIES, BUILDINGS, AMENITIES
A spacious three bedroom, two storey home (2422sf) is part of the package. It is a year round rental and is located on the nothern part of the lot.
The property also includes a superb owners log-cabin home (2380sf), situated a distance behind the Colonial/Gables, and allows for some privacy while remaining close to both facilities. A large metal-clad storage building (2592sf) provides storage for boats, vehicles and supplies.
Three river lots are included which offer customers of both facilities an opportunity to dock for lunch or dinner