620 River Road W, Wasaga Beach, ON

$2,100,000

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About 620 River Road W

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

Features of 620 River Road W

MLS® # S13780638
Price $2,100,000
Bathrooms 0.00
Type Commercial
Sub-Type Sale Of Business
Status Active

Community Information

Address 620 River Road W
Area Simcoe
Subdivision Wasaga Beach
City Wasaga Beach
Province ON
Postal Code L9Z 2P1

Amenities

Garages Plaza
Is Waterfront No

Interior

Heating Baseboard
Cooling Yes
Fireplace No

Listing Details

OfficeKW Living Realty

Listing Map