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26
$2,100,000 Sale
Listed 28 days ago
620 River Road W
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Listing History
Buy/Sell/Terminated/Expired listing history for 620 River Road W
Key Facts
Key facts for 620 River Road W
Property Type
Commercial
Parking
Plaza
MLS #
S13780638
Size
-
Basement
-
Listed on
2026-09-14
Lot size
150 x 120.0
Tax
$11,566.50 /yr
Days on Market
29
Approximate Age
31-50
Maintenance Fee
-
Description
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
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Courtesy of: KW Living Realty