For Sale $2,395,000 - OTHER
PRIME C-4 zoned COMMERCIAL BUILDING & LAND/Potential REDEVELOPMENT PARCEL with approximately 118’ feet of frontage on First Street!!! This high traffic location in the heart of Collingwood offers optimal commercial frontage on First Street with traffic counts of approximately 25,000/daily on First Street*. Three properties being sold together as one parcel for future Commercial re-development. Present use multi-residential with parking. 170 First Street – duplex with a 2 bedroom 1 bathroom unit & a 3 bedroom one bathroom unit; 172 First Street – single detached with 2 bedrooms 1 bathroom 5; 180 First Street – fiveplex with two 1 bedroom 1 bathroom units; one 2 bedroom one bathroom unit & two bachelor units with one bathroom each. C-4 mixed use commercial zoning provides a wide range of commercial redevelopment opportunities. In addition the 3000 square foot commercial corner building at 160 First Street also FOR SALE under MLS 40334082 as well as adjacent ground floor commercial building at 162 First Street is FOR SALE under MLS 40334084. Combining all properties would provide just under 200’0 feet prime high visibility frontage on First Street on a total of approximately 0.44acres. All properties are currently tenanted and producing income while planning your vision for the future redevelopment of such a desirable parcel of prime real estate in a high traffic location in sought after Collingwood!
Features
- 170 First Street - duplex with a 2 bedroom 1 bathroom unit & a 3 bedroom one bathroom unit
- 172 First Street - single detached with 2 bedrooms 1 bathroom 5
- 180 First Street - fiveplex with two 1 bedroom 1 bathroom units; one 2 bedroom one bathroom unit & two bachelor units with one bathroom each
- 2 Stories
- Present use multi-residential with parking
- Three properties being sold together as one parcel for future Commercial re-development