510 First Street Collingwood, Ontario L9Y 1B8

$1,999,000

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:12220)

Property Details

MLS® Number	S13144210
Property Type	Retail
Community Name	Collingwood
Parking Space Total	16

Building

Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Hot Water Radiator Heat, Baseboard Heaters, Radiant Heat
Size Interior	10,301 Sqft
Type	Residential Commercial Mix
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	120 Ft
Size Frontage	85 Ft ,10 In
Size Irregular	85.89 X 120 Ft
Size Total Text	85.89 X 120 Ft
Zoning Description	C4

https://www.realtor.ca/real-estate/29770534/510-first-street-collingwood-collingwood