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Wasaga Beach, ON L9Z 1Z2,146 45th ST N
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Wasaga Beach, ON L9Z 1Z2,146 45th ST N
Wasaga Beach, ON L9Z 1Z2,146 45th ST N
Wasaga Beach, ON L9Z 1Z2,146 45th ST N
Wasaga Beach, ON L9Z 1Z2,146 45th ST N
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Jethro Seymour

Jethro Seymour

The Seymour Team

+1(416) 712-0767
$ 4,950,000
Est. payment /mo
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Active

146 45th ST N Wasaga Beach, ON L9Z 1Z2

10 Baths

7,000 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $707

Subdivision Wasaga Beach

MLS Listing ID S11993381

Annual Tax Amount $27,025

Tax Year 2024

Property Sub-Type Investment

Lot Depth 310.0

Lot Front 200.0

Property Description

ATTENTION DEVELOPERS & INVESTORS!! This prime location presents and excellent opportunity for those with a solid vision of what the future has in store for Wasaga Beach, one of Ontario's fastest growing communities. This 1- 2/3 acre property is located on the north west corner of Mosley St and 45th St. N. one of the busiest intersections in town with over 300 ft. fronting on Mosley St. The other 3 corners of the intersection are commercially developed and have anchor tenants such as LCBO, SHOPPERS DRUG MART, TIM HORTONS, ESSO, REAL CANADIAN SUPERSTORE, CANADIAN TIRE, RE/MAX. STARBUCKS and HOME HARDWARE. The current population of 25,000 is predicted to increase to 50,000 over the next 25 years. This location is closest commercial hub to several active new home construction sites which are a short drive away. Current zoning offers several options, 4 to 5 story's offering commercial retail and professional office space or residential units. The existing business The Beacon Restaurant and Bar is a landmark of the community and has been operated by the same family for 75 years. The business is LCBO licenced for 190 inside and 48 on the patio. In addition to the restaurant bar income, 2 commercial and 6 residential rents generate additional income. Financials are available for Buyers considering operating the existing business. The owner will consider a development joint venture with a creditworthy applicant(s).

Location

Province ON

County Simcoe

Community Wasaga Beach

Area Simcoe

Interior

Cooling Yes

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 200.0

Lot Depth 310.0

Others

Security Features Partial

Listed by RE/MAX By The Bay Brokerage
agent

Jethro Seymour

Broker

+1(416) 712-0767

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146 45th ST N

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