Development Opportunity! Own a Piece of Collingwood's History, Shape Its Future! This is a truly exceptional commercial opportunity in the heart of Downtown Collingwood: a landmark building with a remarkable past, once belonging to the visionary Sir Sandford Fleming. Situated on a coveted prime lot (0.851 acres), this recently renovated property seamlessly blends historic charm with modern income and development potential. The main floor currently has two premium suites available, offering a perfect opportunity to establish or expand your business. Imagine opening a chic cafe, a bustling restaurant, or a high-end spa in a location with established, professional tenants, including a hair stylist/colorist, psychotherapists, and a scalp spa. This extensively renovated property offers a unique and versatile layout across three distinctive levels: First Floor: 3,297 sq ft; Second Floor: 2,115 sq ft; Third Floor Loft: 948 sq ft. With a total of eight bathrooms and ample parking (10+), the building is ready to support a variety of businesses. The true value lies beyond the existing structure. The exciting potential for further land development at the rear of the property is a major draw. A Development Study for 12 residential townhomes has already been conducted, with the possibility of a four-story condo development with up to 30 units and underground parking. This is more than an investment; it's a chance to own a significant piece of Collingwood's heritage and capitalize on its thriving future. Embrace the character, prime location, and unparalleled development prospects of this extraordinary downtown holding. (id:4069)
Address
637 HURONTARIO STREET
List Price
$3,499,000
Property Type
Retail
Type of Dwelling
Residential Commercial Mix
Transaction Type
sale
Area
Ontario
Sub-Area
Collingwood
Bathrooms
8
Floor Area
1 Sq. Ft.
Lot Size
0.851 Sq. Ft.
MLS® Number
S12337285
Listing Brokerage
Century 21 Millennium Inc.
Postal Code
L9Y2N6
Zoning
C4
Site Influences
Public Transit, Ski hill
Features
Irregular lot size
