280 RIVER Road E , Wasaga Beach

Bed / $4,900,000 / MLS® Listing #:40190077

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Attention Investors & Developers! Rare find on Prime riverfront within walking distance to the main beach area and Allenwood Beach. This great investment opportunity offers 30 units fully tenanted with over 150' of river frontage. Income supports a great return property also well positioned for future development. Lot measures approx. 61,870.90 ft² (1.420 ac) Very close to the boating entrance to Georgian Bay off the Nottawasaga River - location offers spectacular views. This commercial property is waiting for new owners to take it to the next level - opportunity to continue to run a profitable business with strong annual revenues while applying for permits to develop waterfront condos or townhouses. Residential high density zoning along with spectacular views of the Nottawasaga River, Georgian Bay and The Blue Mountains make this a particularly desirable development site. Situated very close to the Stonebridge housing development, retail development with Walmart and more within easy walking distance. (id:10452)

Property Details

Property Type Other
Square Feet
Maintenance N/A
Days On Our Website 54
Basement Finished - Full (Finished)
Kitchens
Lot Dimensions
Pool N/A
Area Wasaga Beach
Air Conditioning None
Heating - Baseboard heaters
Exterior Brick
Sewers Municipal sewage system
Water Municipal water
Waterfront Waterfront on river

Listing Office: RE/MAX By The Bay Brokerage



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