5091 Rice Lake Drive

About This Property

Exceptional waterfront investment opportunity in the heart of Bewdley! Rarely offered, this unique mixed-use property package consists of three separately identified properties totaling over half an acre with more than 5,000 sq. ft. of commercial and residential improvements, ideally positioned on the shores of Rice Lake. Formerly operated as a successful marina and boat rental business, the property features a versatile 2,600 sq. ft. concrete block commercial building with storefront exposure, office space, and two bay doors-ideal for a variety of business, retail, marine, Specialty automotive shop/auto repair/ collision service/car or truck wash or recreational uses. A fenced compound extends to a 1,300 sq. ft. waterfront storage building complete with a private boat launch, offering outstanding operational flexibility and future income potential. The offering also includes two separate 2-bedroom bungalow homes, each with gas heating and functional layouts, providing excellent opportunities for rental income, staff accommodation, owner occupancy, or short-term vacation rentals. Boasting over 135 feet of prime Rice Lake waterfront, a private dock system, and capacity for more than 20 boat slips/storage spaces, this property presents multiple revenue streams with significant upside potential. Located in the center of town beside the LCBO and within walking distance to parks, restaurants, shopping, and other amenities, this high-visibility waterfront property is perfectly suited for investors, entrepreneurs, marina operators, or developers seeking a landmark asset with residential, commercial, and recreational appeal. Building Permit is applied with new designed commercial and residential mix building of 12,000 Sqft for approval. A truly one-of-a-kind waterfront investment opportunity offering immediate income potential and long-term value in one of Rice Lake's most desirable waterfront communities.