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$4,900,000
280 River Rise E, Wasaga Beach, ON L9Z 2L7
0 Beds
0 Baths
10,000 sqft

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Attention Investors & Developers! Rare find on Prime riverfront within walking distance to the main beach area and Allenwood Beach. This great investment opportunity offers 30 units fully tenanted for affordable living. Income supports a great return. Lot measures approx. 61,870.90 ft (1.420 ac) Opportunity to continue to run a profitable business and provide affordable housing. Residential high density zoning along with spectacular views of the Nottawasaga River, Georgian Bay and The Blue Mountains. Situated very close to the Stonebridge housing development, retail development with Walmart and more within easy walking distance.
  • Price:
  • $4,900,000
  • Square Footage:
  • 10,000
  • Listing ID #:
  • 40190077
  • Street Address:
  • 280 River Rise E
  • City:
  • Wasaga Beach
  • Province:
  • Ontario
  • Postal Code:
  • L9Z 2L7
  • County:
  • Simcoe
  • Community:
  • Wasaga Beach
  • Subarea:
  • Wb01 - Wasaga Beach
  • Listing Status:
  • Conditional
  • Listing Type:
  • Commercial Sale
  • Age Of Dwelling:
  • 16-30 Years
  • Basement Type:
  • Full Basement
  • Building Faces:
  • South
  • Building Security:
  • Alarm System, Smoke Detector(s)
  • Construction Description:
  • Brick
  • Construction Type:
  • Detached
  • Exterior Features:
  • Balcony
  • Has Basement:
  • 1
  • New Construction:
  • 1
  • Square Footage Source:
  • Lbo Provided
  • Stories:
  • 2.0
  • Total Building Square Footage:
  • 10000
  • View:
  • Bay, Mountains, River
  • Year Built Description:
  • Completed / New
  • Business Description:
  • Anderson's Bay Breezes Resorts
  • Approximate Lot Size Range Source:
  • Geowarehouse
  • Conforms To Zoning:
  • R4
  • Road Access:
  • Boat Access, Municipal Road, Paved Road, Public Road
  • Originating Mls:
  • The Lakelands
  • Restrictions:
  • Conserv. Control
  • Sub Area:
  • Wb01 - Wasaga Beach
  • Existing Water:
  • Municipal
  • Heating:
  • Baseboard
  • Sewage Type:
  • Sewer (municipal)
  • Utilities:
  • Yes
  • Water Body Type:
  • River
  • Waterfront:
  • 1
  • Waterfront Description:
  • Beach Front, River Access, Riverfront
  • Listing provided by RE/MAX By The Bay Brokerage
  • ONITSO