620 River Road
Wasaga Beach, ON
- 4,400 sqft
- Sale Of Business
- 5 days on market
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 thanjust a convenience store, this is an opportunity to own the underlying commercial real estatewhile acquiring an established cash-flowing business, with additional upside through improvedmerchandise mix, rental optimization, activation of underutilized space and futureredevelopment potential, subject to approvals. Located in a growing Wasaga Beach corridorbenefiting from expanding residential development, commercial investment and planned communityinfrastructure. Ideal for an owner-operator, investor or strategic buyer looking for immediateincome with long-term upside. Best buyer: an owner-operator who values the convenience-storecash flow and can personally improve the high-margin merchandise mix. Second-best buyer: aninvestor who can increase rents and reposition the underused units.The property is ideally situated within a 3-minute drive west of the recently opened WasagaStars 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 supportinginfrastructure planned and underway in the surrounding area
Listing Details
- Taxes (2026)
- $11,567
- Listed
- September 14, 2026
Price History
Listing history
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Property
- Age
- 31-50
- Lot Size
- 150 x 120 Feet
Parking
- Garage
- Plaza
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- River Rd W / Zoo Park Rd
- Zoning
- Commercial
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Commercial
- Business Type
- Convenience/Variety
- Office / Apartment Area
- 1200 Sq Ft
Included
- Inclusions
- According to the List of Equipment & Chattels
- Rental Items
- Debit Machine@2
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
- $625,000
- Homes sold
- 581
- Median days on market
- 39
- Sale-to-list price
- 96.0%
Based on 581 recorded sales of commercial properties in Wasaga Beach over the last 12 months.
Listed by
KW Living Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 4,400 sq ft
- Price per sq ft
- $477.27
- Annual property tax
- $11,567
- Tax per sq ft
- $2.63
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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