Description

DEVELOPERS & INVESTORS ***** This five star 72,000 sq. ft. property is located at one of the bussiest intersections in Wasaga Beach, one of Ontarios fastest growing communities. The current zoning offers several options, build up to 6 stories high with a mix of commercial retail, professional offices and residential units. This location has excellent visibility, high traffic flow and is on a public transit route. The other 3 corners of the intersection are commercially developed with anchor tenants such as, LCBO, SHOPPERS DRUG MART, TIM HORTONS, ESSO, REAL CANADIAN SUPERSTORE, CANADIAN TIRE, RE/MAX, STARBUCKS, IDA DRUG STORE, AND HOME HARDWARE. This location is the closest commercial hub to several active new home construction sites. The current population of Wasaga Beach is approximately 26,000 and it is expected to increase to approximately 50,000 over the next 20 years. There are 2 high schools being built in the community and are scheduled to open in 2028. A new COSTCO outlet is under construction approx 2.5 km from this location, COSTCO has a solid vision of the future of Wasaga Beach. Don't miss this once in a life time opportunity! The Seller will entertain holding a 1st mortgage for a credit worthy Buyer.

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