For Sale

653 RIVER Road, Wasaga Beach, Ontario L9Z2P2

$1,420,000

653 RIVER Road, Wasaga Beach, Ontario L9Z2P2 is For Sale and has a listing price of 1,420,000. The property is located in the Wasaga Beach neighbourhood. It's been on the website for 69 Days.

  • Office
    Property Type
  • Detached Garage
    Parking
  • 13
    Parking Spaces
  • MLS ID: 40619308
  • Office Name RE/MAX By the Bay Brokerage (Unit B)
Property Description

PRIME INVESTMENT OPPORTUNITY awaits at this unique commercial property in the heart of Wasaga Beach. Strategically located at an anchor corner, situate in the Downtown Gateway 2, Commercial district of Wasaga Beach, it combines both residential & commercial elements. This property boasts high visibility and steady foot traffic, with loads of income generating potential. Embrace the potential of running your business alongside the convenience of living on site or simply buy to invest and collect your rent. The detached home located at #653 River Road West has 3 separate entrances into the home with private parking, fencing and is gated. 3 plus bedrooms, 2 baths, 2 living rooms, 1 kitchen, shared common areas. The side suite is currently run as a Holistic Business but could easily be converted to a private suite, Airbnb or remain as a home business. Detached double car garage with bay doors and with multifunctional uses. It is currently used as a woodworking business. Paved parking will accommodate extra vehicles comfortably. This property also features an income-producing duplex, located at #317 Zoo Park Road with its own garage and Bunkie. This duplex offers two separate units (each with 2 bedrooms, 1 bath, kitchen w eat-in, living room). The main level is currently used as a Holistic homebased retail storefront. Private yard. This property is a perfect blend of versatility and income generating potential. Own an anchor, own a corner, capitalize on the booming market in Wasaga Beach. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: 40619308
  • Price: $1,420,000
  • Transaction Types: For Sale
  • Ref ID: 27164484
  • Year Built: N/A
  • Property Type: Office
  • Property Type: Commercial
  • Property Sub Category: Office
Price History
List Date MLS ID List Price Status End Date Closed Price
07/12/2024 40619308 $1,420,000 For Sale - -
07/12/2024 40619302 $1,420,000 For Sale - -
02/07/2024 40537230 $1,420,000 For Sale - -
02/06/2024 40536849 $1,420,000 For Sale - -
07/26/2023 40459238 $1,953,888 - -
07/26/2023 40459335 $1,953,888 - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Wasaga Beach
  • $826,769 Average List Price
    based on 1 year
  • 227 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 121.09 % Up
  • Sold (12mo) 280
  • Rented (12mo) 141

  • 1 Month Change +4.9%
  • 3 Month Change -8.2%
  • 6 Month Change -8.6%
Walkscore
Property Type Distribution
  • All Houses
    85.32%
  • Commercial
    8.44%
  • Condo
    4.18%
  • Land for Sale
    2.05%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 Full
  • Water Municipal Water
  • Exterior Vinyl Siding, Aluminum Siding
  • Total Parking Spaces: 13
  • Property Features Paved Driveway
  • Fireplace False
  • Parking Detached Garage
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 12/07/2024 00:00:00
  • Zoning Eh
  • Agent Name: DEBBIE WILLIAMSON
  • Address Subdivision: WB01 - Wasaga Beach
  • Last Updated: 12/07/2024 18:52:32
Open House Dates
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