146 45th Street , Wasaga Beach, ON L9Z 1Z2
Wasaga Beach, ON L9Z 1Z2
Description
ATTENTION DEVELOPERS & INVESTORS!! This prime location presents and excellent opportunity for those with a solid vision of what the future has in store for Wasaga Beach, one of Ontario's fastest growing communities. This 1- 2/3 acre property is located on the north west corner of Mosley St and 45th St. N. one of the busiest intersections in town with over 300 ft. fronting on Mosley St. The other 3 corners of the intersection are commercially developed and have anchor tenants such as LCBO, SHOPPERS DRUG MART, TIM HORTONS, ESSO, REAL CANADIAN SUPERSTORE, CANADIAN TIRE, RE/MAX. STARBUCKS and HOME HARDWARE. The current population of 25,000 is predicted to increase to 50,000 over the next 25 years. This location is closest commercial hub to several active new home construction sites which are a short drive away. Current zoning offers several options, 4 to 5 story's offering commercial retail and professional office space or residential units. The existing business The Beacon Restaurant and Bar is a landmark of the community and has been operated by the same family for 75 years. The business is LCBO licenced for 190 inside and 48 on the patio. In addition to the restaurant bar income, 2 commercial and 6 residential rents generate additional income. Financials are available for Buyers considering operating the existing business. The owner will consider a development joint venture with a creditworthy applicant(s).
Details
| MLS# | S11993381 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 52 |
| Listing Provided By | RE/MAX By The Bay Brokerage | S11993381 550500 |
Features
| Bath(s) | 10 |
|---|---|
| SQ Feet | 7,000 |
| Acreage | 0.16 |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| County | Simcoe |
| City | Wasaga Beach |
| Postal Code | L9Z 1Z2 |
| Area | Wasaga Beach |
| Listing VS Median (In L9Z 1Z2) | |
Price: $4,950,000 low | high Med: $4,950,000 SqFt: 7,000 low | high Med: 7,000 $ / SqFt: $707 low | high Med: $707 On site: 52 low | high Med: 52.000000 | |
