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510 FIRST STREET Collingwood, Ontario, MLS S13144210 For Sale

$1,999,000 Retail

510 FIRST STREET, Collingwood, Ontario L9Y1B8

Prime Commercial Property in Collingwood - Exceptional Investment Opportunity. Highly visible property located on First Street, receiving approximately 25,000 vehicles daily, with increased traffic during summer and winter weekends. The location offers excellent visibility and accessibility, complemented by ample parking with 16 designated spots. Zoned C4, the property boasts approximately 2,560 square feet of main-level commercial space, currently occupied under a five-year lease with an option to extend for an additional five years. The second level features a spacious three-bedroom, one and a half-bathroom open-concept apartment, currently tenanted, offering a blend of residential and commercial investment potential. (id:14701)

Features of 510 FIRST STREET, Collingwood

Floor Space 10,301 sqft
Property Type Retail
MLS® S13144210
Building Type Residential Commercial Mix
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Hot water radiator heat, Baseboard heaters, Radiant heat
Lot Frontage 85 ft ,10 in
Lot Depth 120 ft
Zoning Description C4
Neighbourhood Cross Streets: First St and Elm St. ** Directions: Located on the corner of First St (HWY 26) and Elm St.
Transaction Type For sale
Parking Spaces 16
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Courtesy of: Royal LePage Locations North MLS® S13144210

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