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146 45th Street N Wasaga Beach, Ontario L9Z 1Z2

10 Bathroom 7000 sqft
Fully Air Conditioned Forced Air

$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:41954)

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 7000 Sqft
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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