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 hig...h-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.
Full Property Details
General
Business Type
Restaurant
Retail Area
1400.00 Sq Metres
Total Area
1400.00 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
Restaurant
Retail Area
1400.00 Sq Metres
Total Area
1400.00 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Electric Forced Air
Air Conditioning
Yes
Washrooms
0
Heating Fuel
Electric Forced Air
Air Conditioning
Yes
Exterior
Depth
54.9
Front
20.0
Lot Size
20 x 54.9 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
COMMERCIAL
Depth
54.9
Front
20.0
Lot Size
20 x 54.9 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
COMMERCIAL
Building Description
Home Type
Commercial
Subtype
Sale Of Business
Water Supply
Municipal
Possession Date
7/1/2026
Home Type
Commercial
Subtype
Sale Of Business
Water Supply
Municipal
Possession Date
7/1/2026
Community
Community
Wasaga Beach
Community
Wasaga Beach
Taxes & Fees
Tax Year
2025
Occupancy
Owner
Tax Year
2025
Occupancy
Owner
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