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 than just a convenience store, this is an opportunity to own the underlying commercial real estate while acquiring an established cash-flowing business, with additional upside through improved merchandise mix, rental optimization, activation of underutilized space and futurere development potential, subject to approvals. Located in a growing Wasaga Beach corridor benefiting from expanding residential development, commercial investment and planned community infrastructure. Ideal for an owner-operator, investor or strategic buyer looking for immediate income with long-term upside. Best buyer: an owner-operator who values the convenience-store cash flow and can personally improve the high-margin merchandise mix. Second-best buyer: an investor who can increase rents and reposition the underused units. The property is ideally situated within a 3-minute drive west of the recently opened Wasaga Stars 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 supporting infrastructure planned and underway in the surrounding area

Features of 620 River Road W

MLS® # S13780652
Price $2,100,000
Bathrooms 0.00
Type Commercial
Sub-Type Store W Apt/Office
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