146 45th Street
Wasaga Beach, ON
10 bath • 72,000 sqft • Investment • 541 days on market
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).
Listing Details
- Taxes (2025)
- $27,025
- Originally Listed
- $4,950,000
- Listed
- February 28, 2025
Price History
Listing history
Sign in to view
Property
- Lot Size
- 200 x 310 Feet
Location & Legal
- Cross Street
- Mosley and 45th St.
- Zoning
- CDH-5
- Parcel Number
- 583150037
- Possession
- Flexible
Commercial
- Occupancy
- Owner+Tenant
Community
Postal area L9Z
- Population
- 24,849
- Private dwellings
- 13,761
- Median age
- 56.4
- Average household size
- 2.3
- Median household income
- $76,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Wasaga Beach · last 12 months
- Median sold price
- $630,000
- Homes sold
- 586
- Median days on market
- 39
- Sale-to-list price
- 96.0%
Based on 586 recorded sales of commercial properties in Wasaga Beach over the last 12 months.
Listed by
RE/MAX By The Bay Brokerage
Commercial figures
- Building area
- 72,000 sq ft
- Price per sq ft
- $61.81
- Annual property tax
- $27,025
- Tax per sq ft
- $0.38
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?