Description

Listed by KW Living Realty

EXCEPTIONAL INCOME-PRODUCING COMMERCIAL PROPERTY & BUSINESS IN RAPIDLY GROWING WASAGA BEACH! This unique approximately 0.42-acre property features approximately 4,400 sq.ft. of 3-Unitmulti-use commercial space and an established convenience store business included. More than just a convenience store, this is an opportunity to own the underlying commercial real estate while acquiring an established cash-flowing business, with additional upside through improved merchandise mix, rental optimization, activation of underutilized space and futurere development potential, subject to approvals. Located in a growing Wasaga Beach corridor benefiting from expanding residential development, commercial investment and planned community infrastructure. Ideal for an owner-operator, investor or strategic buyer looking for immediate income with long-term upside. Best buyer: an owner-operator who values the convenience-store cash flow and can personally improve the high-margin merchandise mix. Second-best buyer: an investor who can increase rents and reposition the underused units. The property is ideally situated within a 3-minute drive west of the recently opened Wasaga Stars Arena & Library (opened in 2024), and is located at the heart of a rapidly growing area, with ongoing new residential development, Sunshine Park immediately behind the property, childcare facilities, the K-12 Catholic School and Community Hub, and significant supporting infrastructure planned and underway in the surrounding area