Power of Sale Prime Redevelopment Opportunity in the Heart of Collingwood. An exceptional chance to secure five adjoining properties 160, 162, 170, 172 & 180 First Street offering nearly 200 ft. of high-visibility frontage on bustling First Street, with traffic counts of approximately 25,000 vehicles per day. This rare, high-traffic corner location provides outstanding exposure and long-term redevelopment potential under C-4 mixed use zoning. 160 First Street--- Updated ground-floor commercial space: ~1,500 sq. ft. wrapped in glass with a two-piece bathroom. Two upper-level apartments (~750 sq. ft. each): 2 bedrooms + den, 2 full baths, in-suite laundry, and gas fireplaces. All three spaces have separate HVAC systems and individual meters C-4 mixed-use commercial zoning allows a wide variety of redevelopment possibilities. 162 First Street--- Approx. 1,000 sq. ft. of ground-floor commercial space with one bathroom Commercial tenant in place. 170 First Street--- Duplex with: 2-bedroom, 1-bath unit, 3-bedroom, 1-bath unit. 172 First Street--- Detached home with 2 bedrooms and 1 bathroom currently vacant. 180 First Street--- Five plex featuring: Two 1-bed/1-bath units, One 2-bed/1-bath unit, Two bachelor units (each with 1 bath) Some suites are vacant for flexibility, while others generate immediate rental income as you plan your redevelopment vision. Buy all five for a remarkable assembly opportunity. This is a rare offering of prime commercial land and income properties in sought-after Collingwood. ideal for investors, developers, or businesses seeking a flagship location. Additional photos FOR 160 https://john72300.wixstudio.com/160-first-street-col FOR 162 https://otido.com/162first/ FOR 170 https://otido.com/170first/ FOR 172 https://otido.com/172first/ FOR 180 https://otido.com/180first/ (id:4069)
Address
160-180 FIRST STREET
List Price
$3,898,000
Property Type
Retail
Transaction Type
Sale
Area
Ontario
Sub-Area
Collingwood
Floor Area
2,239 Sq. Ft.
Lot Size
44.5 x 60 FT Sq. Ft.
MLS® Number
S12410273
Listing Brokerage
CENTURY 21 PEOPLE'S CHOICE REALTY INC.
Postal Code
L9Y1A7
Zoning
C4
