$2,100,000
Available - For Sale
Listing ID: S13780638
620 River Road West , Wasaga Beach, L9Z 2P1, Simcoe
| 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 |
| Price | $2,100,000 |
| Taxes: | $11566.50 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 620 River Road West , Wasaga Beach, L9Z 2P1, Simcoe |
| Postal Code: | L9Z 2P1 |
| Province/State: | Simcoe |
| Legal Description: | PT S PT LT 25CON 9FLOSAS IN RO797019; WA |
| Directions/Cross Streets: | River Rd W / Zoo Park Rd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | With Property |
| Use: | Convenience/Variety |
| Building Percentage: | T |
| Total Area: | 4400.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1200 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 31-50 |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 8a.m.-8 |
| Employees #: | 1 |
| Seats: | 0 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| KW Living Realty |
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Bus:
416-994-5000
Fax:
416.352.5397
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Simcoe |
| Municipality: | Wasaga Beach |
| Neighbourhood: | Wasaga Beach |
| Approximate Age: | 31-50 |
| Tax: | $11,566.5 |
| Fireplace: | N |
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