Attention Investors & Developers!rnRare find on Prime riverfront within walking distance to the main beach area and Allenwood Beach. This great investment opportunity offers 30 units fully tenanted with over 150′ of river frontage. Income supports a great return property also well positioned for future development. Lot measures approx. 61,870.90 ft² (1.420 ac)rnrnVery close to the boating entrance to Georgian Bay off the Nottawasaga River – location offers spectacular views. This commercial property is waiting for new owners to take it to the next level – opportunity to continue to run a profitable business with strong annual revenues while applying for permits to develop waterfront condos or townhouses. rnrnResidential high density zoning along with spectacular views of the Nottawasaga River, Georgian Bay and The Blue Mountains make this a particularly desirable development site. Situated very close to the Stonebridge housing development, retail development with Walmart and more within easy walking distance.
Cell Service, Electricity, Garbage/sanitary Collection, Natural Gas, Recycling Pickup, Telephone, Street Lights, High Speed Internet Avail, Cable Tv Available
Beach Front, Riverfront, River Access
Shopping Nearby, Schools, Lake Access, School Bus Route
Simcoe County District School Board
From Main Street go east to 280 River Road E on left side of road (water side)
RE/MAX By The Bay Brokerage
MLS® Number #40190077