5 River Road E Wasaga Beach, Ontario L9Z 2L1

$1,299,900

Calling all developers, builders, and those looking for a lucrative business or a prime development opportunity! This prime beachfront property, located in the heart of Wasaga Beach, offers direct access to sandy shores located at beach 1 and is zoned DC1, permitting mixed-use or residential development. The property allows for a minimum 3-storey build with a maximum height of 6 storeys, providing significant potential for residential, retail, or commercial projects. The existing 4 cottages and 2 bunkies are being sold as is, with no warranties or representations from the seller or their agent. Wasaga Beach is currently undergoing a major revitalization initiative, spearheaded by the Town of Wasaga Beach in partnership with federal and provincial governments. This includes upgrades to the waterfront, parks, trails, and enhanced pedestrian and cyclist infrastructure, all aimed at improving the overall visitor experience. This property presents a unique opportunity to invest in a rapidly developing and high-demand location. Don't miss this incredible opportunity in a rapidly developing area! (id:53889)

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