620 River Road W, Wasaga Beach, ON L9Z 2P1
Wasaga Beach, ON L9Z 2P1
About this property
EXCEPTIONAL INCOME-PRODUCING COMMERCIAL PROPERTY & BUSINESS IN RAPIDLY GROWING WASAGA BEACH!This unique approximately 0.42-acre property features approximately 4,400 sq.ft. of 3-Unitmulti-use commercial space and an established convenience store business included. More thanjust a convenience store, this is an opportunity to own the underlying commercial real estatewhile acquiring an established cash-flowing business, with additional upside through improvedmerchandise mix, rental optimization, activation of underutilized space and futureredevelopment potential, subject to approvals. Located in a growing Wasaga Beach corridorbenefiting from expanding residential development, commercial investment and planned communityinfrastructure. Ideal for an owner-operator, investor or strategic buyer looking for immediateincome with long-term upside. Best buyer: an owner-operator who values the convenience-storecash flow and can personally improve the high-margin merchandise mix. Second-best buyer: aninvestor who can increase rents and reposition the underused units.The property is ideally situated within a 3-minute drive west of the recently opened WasagaStars Arena & Library (opened in 2024), and is located at the heart of a rapidly growing area,with ongoing new residential development, Sunshine Park immediately behind the property,childcare facilities, the K-12 Catholic School and Community Hub, and significant supportinginfrastructure planned and underway in the surrounding area
Property facts & features
- Property type
- Sale Of Business
- MLS® number
- S13780638
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Reported interior area
- 4400
- Neighbourhood
- Not provided
- Postal code
- L9Z 2P1
- Garage
- Plaza
- Lot depth (source units)
- 120
- Annual property tax
- 11566.5
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $2,100,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Wasaga Beach →Listing brokerage: KW Living Realty. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® S13780638. Information deemed reliable but not guaranteed.