162-180 First St, Collingwood, L9Y 1A7

Listing Overview

Description

Power of Sale Prime Redevelopment Opportunity in the Heart of Collingwood. An exceptional chance to secure five adjoining properties 162, 170, 172 & 180 First Street offering nearly 200 ft. of high-visibility frontage on bustling First Street, with traffic counts of approximately 25,000 vehicles per day. This rare, high-traffic corner location provides outstanding exposure and long-term redevelopment potential under C-4 mixed- use zoning. C-4 mixed-use commercial zoning allows a wide variety of redevelopment possibilities. 162 First Street Approx. 1,000 sq. ft. of ground-floor commercial space with one bathroom and a Commercial tenant in place. 170 First Street Duplex with: 2-bedroom, 1-bath unit 3-bedroom, 1-bath unit and has 2 tenants. 172 First Street Detached home with 2 bedrooms and 1 bathroom and is vacant. 180 First Street Five plex featuring: Two 1-bed/1-bath units One 2-bed/1-bath unit Two bachelor units (each with 1 bath) Three units are tenanted and two units are vacant. There is immediate rental income as you plan your redevelopment vision. (SEVERANCE REQUIRED FOR INDIVIDUAL SALES). This is a rare offering of prime commercial land and income properties in sought-after Collingwood, ideal for investors, developers, or businesses seeking a flagship location. For additional phots go to FOR 162 https://otido.com/162first/ FOR 170 https://otido.com/170first/ FOR 172 https://otido.com/172first/ FOR 180 https://otido.com/180first/

8 days

On Market

Commercial/Retail

Property Type

$5,016 / Year

Est. Taxes

Multi-Use

Style

Other

Business Type

N

Franchise