$ 7,500,000
9 Main ST Wasaga Beach, ON L9Z 2K3
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$ 7,500,000
Est. payment | /mo
20,074 SqFt
$ 7,500,000
Est. payment | /mo
20,074 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 20,074 sqft
Price per Sqft $373
MLS Listing ID S8139218
Annual Tax Amount $27,034
Tax Year 2023
Property Description
This pedestrian-friendly, high-traffic economic opportunity is located at the main end of Wasaga Beach with waterfront views & steps to the longest freshwater beach in the World. Currently used as a parking lot this prime Beachfront Development has been approved by the Wasaga Beach Town Council for the downtown development master plan (DDMP) in 2017. Known as Festival Square, this will be the ground-floor for retail, restaurants, entertainment & visitor services. Creating approx 850 new jobs, the DTMP covers 32.37 acres, 1200 residential units, 262,000 SqFt of mixed-use retail, 2 hotels, a waterpark & 430,500 SqFt of entertainment facilities. Wasaga Beach is the 2nd fastest-growing community in Simcoe County that attracts thousands of tourists & cottagers throughout the summer months & is a 4-season destination. With 1.5 hours from Toronto & 30 mins to Collingwood or Barrie, and home to the new Gateway Casino, the growth rate is projected to double by 2031
Location
Province ON
County Simcoe
Area Wasaga Beach
Exterior
Utilities Available None
Listed by CENTURY 21 MILLENNIUM INC.