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$ 3,898,000
Est. payment | /mo
2,239 SqFt
$ 3,898,000
Est. payment | /mo
2,239 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,239 sqft
Price per Sqft $1,740
Subdivision Collingwood
MLS® Listing ID S12410273
Source Toronto Regional Real Estate Board
Property Description
Power of Sale Prime Redevelopment Opportunity in the Heart of Collingwood An exceptional chance to secure five adjoining properties160, 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. 160 First Street--- Updated ground-floor commercial space: ~1,500 sq. ft. wrapped in glass with a two-piece bathroom Two upper-level apartments (~750 sq. ft. each): 2 bedrooms + den, 2 full baths, in-suite laundry, and gas fireplaces All three spaces have separate HVAC systems and individual meters 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 Commercial tenant in place. 170 First Street--- Duplex with: 2-bedroom, 1-bath unit, 3-bedroom, 1-bath unit....172 First Street--- Detached home with 2 bedrooms and 1 bathroom.......180 First Street--- Fiveplex featuring: Two 1-bed/1-bath units, One 2-bed/1-bath unit, Two bachelor units (each with 1 bath) Some suites are vacant for flexibility, while others generate immediate rental income as you, plan your redevelopment vision. Pricing Options: Purchase 160 First Street only: $1,899,000, Purchase 162, 170, 172 & 180 First Street together: $2,199,000 Buy all five for a remarkable assembly opportunity (SEVERENCE 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. Additional photos FOR 160 https://john72300.wixstudio.com/160-first-street-col For 162 https://otido.com/162first/ FOR 170 https://otido.com/170first/ FOR 172 https://otido.com/172first/ FOR 180 https://otido.com/180first/ (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
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Nest Real Estate Group
Real Estate Team | License ID: 139039