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Wasaga Beach,ON L9Z 2P1
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $4,199,000
Subdivision Wasaga Beach
MLS Listing ID S12189217
Annual Tax Amount $20,732
Tax Year 2025
Property Sub-Type Investment
Property Description
Property includes 19 motel units (currently long term rentals with regular turnover), a successful restaurant known as Wasaga Pizza, and 2 houses, one 3 bedroom 2 story house and a smaller cottage on a separate 60'x200' lot, all generating good rental income in rapidly growing prime development area of Wasaga Beach. Prime location at a major high traffic corner at the gateway to Wasaga Beach with many new developments in the immediate area. Great opportunity ready for redevelopment in DOWNTOWN GATEWAY DESIGNATION. Very broad Zoning permits many retail uses, mixed use, or residential up to 5.5 stories for 40 + towns/stacked towns. Steps from Walmart, Food Land, Tim Hortons and many more retail, beautiful new Wasaga library and arena office and many exciting and proposed hotel, commercial and multiple residential developments. At the gateway to the quant Stonebridge By The Bay residential development and Centerville development planned community. Close to public water access to Georgian Bay. Property includes 300 Zoo Park Road and 670 River Road West for a total of 1.5 acres with 200' frontage on River Road and 329' frontage on Zoo Park Road. Developers and Investors don't miss this great opportunity located at the Gateway to rapidly growing Wasaga Beach. Restaurant has a/c and gas heat, houses have gas heat, motel units have electric heat - restaurant and 300 Zoo Park pay utilities.
Location
Province ON
County Simcoe
Community Wasaga Beach
Area Simcoe
Zoning DG2-1 (H)
Interior
Cooling Partial
Exterior
Community Features Public Transit,Recreation/Community Centre
Utilities Available Yes
Lot Frontage 200.0
Lot Depth 329.0
Others
Security Features No