1 Market Lane Unit #A1
Wasaga Beach, Wasaga Beach, L9Z 0B6
$129,900
Listed 47 days ago · MLS® S13741508
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 Cha Tea, 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 thrivingand 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
- Flexible
- Cross street
- Main Street & Stonebridge Boulevard
- Business type
- Restaurant
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Somewhat walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 2 grocery stores, 5 cafés and restaurants, 1 park. Nearest grocery: Walmart Supercentre (250 m). Nearest park: Stonebridge Pool (350 m).
Schools nearby
Elementary
- Birchview Dunes Elementary School
EQAO: Gr 6 reading 87%, math 45%2.0 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area L9Z
- Owners / renters
- 85% / 15%
- Median household income
- $76,000
- Average age
- 50
- Children under 15
- 12%
- Homes
- 83% detached, 0% high-rise
- Commute by transit
- 2%
- Population
- 24,849
Languages spoken most at home besides English: Polish 0.7%, Italian 0.6%, Portuguese 0.4%, Russian 0.4%.
Safety
Crime Severity Index for Huronia West (Wasaga Beach) (OPP): 39 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by RE/MAX ELEVATE.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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