119 Main Street

Wasaga Beach, ON

MLS® 40548429

For sale
$2,499,999

Are you an investor looking to purchase a turn key 2 one storey motel buildings plus a separate 3 bedroom house and office in the heart of Wasaga Beach's ongoing development? 12 months of income with 6 one bedroom units and 6 two bedroom units Development potential with the size and configuration of the property supporting a wide array of uses, including residential, commercial, and tourism oriented uses. Wasaga Beach Is growing: OLG Casino opened 2022; Twin Pad and library with 2 olympic sized ice rinks opened 2023; August 2023, negotiations with FRAM Building Group concluded with an agreement to re-develop Wasaga Beach’s beachfront commercial area. The Downtown Development Master Plan was approved by council on March 28, 2017, for the creation of a new downtown/main street area connected to a revitalized and redeveloped tourism and entertainment beach area on the waterfront. The plan includes about 200,000sq.m of residential, commercial, and recreational development spread out over the main beach area and Main Street.Cottage Court opposite at 55 Beck Street also for sale (MLS# 40547178.)
Property Details
Property Type
Commercial
Community Features
Ample Parking
City Lot
High Traffic Area
Public Transit
Visual Exposure
Building
Building Type
Hospitality
Commercial
Sewer
Sewer (Municipal)
Stories
1
Water Source
Municipal
Land
Lot Front
100.00 ft
Acres
0.50–1.99 Acres
Zoning
DC1H
HoodQ
Walk Score
RE/MAX By The Bay Brokerage (Unit B)
RE/MAX By The Bay Brokerage (Unit B)

Similar Listings

55 Beck Street
Wasaga Beach, ON L9Z 2K9
$1,299,999
RE/MAX By the Bay Brokerage (Unit B)

Data is provided courtesy of © 2024 Information Technology Systems Ontario Inc.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Not intended to solicit Sellers or Buyers currently under written contract with another REALTOR®. All measurements are approximate deemed to be from reliable sources, however buyer and buyer's agent to do their own due diligence. All information is deemed reliable but not guaranteed.

Listing ID: 147444614
Last Updated: 2024-04-17 19:47:58