146 45th Street N Wasaga Beach, Ontario L9Z 1Z2
$4,950,000
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). (id:16261)
Business
| Name | THE BEACON RESTAURANT AND BAR |
Property Details
| MLS® Number | S11993381 |
| Property Type | Business |
| Community Name | Wasaga Beach |
| Amenities Near By | Highway, Public Transit |
| Features | Irregular Lot Size |
Building
| Bathroom Total | 10 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 7,000 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Depth | 310 Ft |
| Size Frontage | 200 Ft |
| Size Irregular | 200 X 310 Ft |
| Size Total Text | 200 X 310 Ft |
| Zoning Description | Cdh-5 |
https://www.realtor.ca/real-estate/27964071/146-45th-street-n-wasaga-beach-wasaga-beach
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February 28 2025 05:29:28
The Lakelands Association of REALTORS®
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