Incredible Opportunity in the Heart of Collingwood! Own a rare, detached commercial building with an updated residential apartment above, perfectly situated at the high-visibility corner of Ontario & Napier Streets in a mature downtown neighborhood. This well-maintained, mixed-use property has been a local landmark for over 50 years and now offers endless potential for investors, entrepreneurs, or live/work owners. The main level offers approx. 1,400 sq. ft. of commercial/retail space, complete with a 2-piece washroom, ample storage, and cooler space, ideal for a variety of business ventures. Whether you're launching a new enterprise or relocating to a more strategic location, this corner lot offers high traffic, great exposure, and a large partially fenced yard with generous parking. A detached garage adds even more flexibility and utility. Above the commercial space, enjoy a well-designed 3-bedroom residential apartment. The unit features an eat-in kitchen, bright living area, laundry and 2 full bathrooms, perfect for an owner-occupier, tenant rental, or short-term rental potential. Bonus: a full attic is ready for your vision, create a loft, office, or extra storage. Recent upgrades by the current owners add value throughout, and zoning supports both commercial and residential uses. Apartment chattels are included; stock is excluded. This sale includes building and land only, not the business. Don't miss this unique opportunity to invest in a character-filled property with built-in income potential and a location that can not be beat. Explore the possibilities and secure your piece of Collingwood history today! (id:4069)
Address
256 ONTARIO STREET
List Price
$999,000
Property Type
Retail
Type of Dwelling
Residential Commercial Mix
Area
Ontario
Sub-Area
Collingwood
Floor Area
2,342 Sq. Ft.
Lot Size
58.01 x 120 FT Sq. Ft.
MLS® Number
S12173396
Listing Brokerage
Royal LePage Locations North
Postal Code
L9Y1M9
Zoning
C6
Site Influences
Recreation, Ski hill
