Salehian.com 647-325-5000

1 Market Lane Unit A

Wasaga Beach, Wasaga Beach, L9Z 0B6

$89,999

Reduced $160,000 from $249,999

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Listed 139 days ago · MLS® S13237374

About this home

A very rare opportunity to own a dual franchise of Chungchun Rice Dog and Gong Cha Tea, or bring your own business concept to life in the highly sought-after Market Lane, Wasaga Beach. Located at 1 Market Lane, Unit 1A, this approximately 1,400 sqft. commercial space is perfectly positioned in a high-traffic area, attracting both locals and tourists year-round. The existing dual franchise setup offers the opportunity to capitalize on two highly recognized and established brands - Chungchun Rice Dog, known for its popular Korean street food, and Gong ChaTea, one of the world's leading bubble tea chains. This unique combination creates strong potential for continued business success and growth. Alternatively, the versatile space provides flexibility for entrepreneurs looking to establish their own business in a thriving and rapidly growing community. Wasaga Beach continues to experience significant growth and development, with Costco currently being built nearby, two new high schools planned for the area, and increasing residential expansion driving future traffic and demand. The property also benefits from LLBO potential, adding even more opportunity for a variety of business uses. Located within a vibrant commercial hub surrounded by major anchor tenants including Walmart,Tim Hortons, Swiss Chalet, Boston Pizza, TD Canada Trust, Dollar Tree, and many more, this location offers outstanding visibility and consistent customer traffic throughout the year.Situated in one of Ontario's premier tourist destinations, this prime location offers exceptional exposure, steady foot traffic, and excellent long-term growth potential. Whether you are an experienced entrepreneur or a first-time business owner, this is a rare opportunity you do not want to miss.

Details

Type
Sale Of Business
Lot
20 × 54.9 ft
Garage
None
Neighbourhood
Wasaga Beach
Municipality
Wasaga Beach

Heating, cooling and services

Heating
Electric Forced Air
Air conditioning
Yes
Utilities
Available

Building and exterior

Building area
1,400 Square Feet

More

Possession
Occupied
Cross street
Main Street & Stonebridge Boulevard
Business type
Restaurant

Listed by RE/MAX ELEVATE.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.