Discover an exceptional investment opportunity in the heart of Wasaga Beach with this remarkable four-acre institutional property that presents unlimited potential for the discerning developer or entrepreneur. This substantial parcel, currently zoned for institutional use, welcomes a diverse range of possibilities including medical facilities, nursing homes, funeral services, or other community-oriented enterprises. The existing schoolhouse structure on the property offers a solid foundation for renovation, allowing investors to reimagine the space according to their unique vision. For those considering alternative directions, the potential for mixed-use commercial development adds another layer of appeal to this already compelling offering. The generous lot size provides ample room for expansion, future development phases, or the creation of inviting outdoor spaces that could enhance any institutional or commercial operation. Abundant parking possibilities ensure that visitors, staff, and clients will find convenient access to your establishment. Location proves paramount with this property, and the surroundings deliver impressive value. Situated within comfortable walking distance of Playtime Casino and the renowned beach areas, foot traffic and visibility come naturally. The anticipated arrival of major retail development in the area signals strong economic growth and increasing demand for services in this thriving community. Nearby amenities include established grocery shopping at Real Canadian Superstore and easy access to Wasaga Beach Provincial Park. At this dramatically reduced price point, the value proposition becomes undeniable for investors seeking to establish a presence in one of Ontario's most beloved beach communities. (id:58180)