$1,999,000
Available - For Sale
Listing ID: S12413808
162-180 First Street , Collingwood, L9Y 1A7, Simcoe
| Power of Sale Prime Redevelopment Opportunity in the Heart of Collingwood. An exceptional chance to secure five adjoining properties 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. 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 and a Commercial tenant in place. 170 First Street Duplex with: 2-bedroom, 1-bath unit 3-bedroom, 1-bath unit and has 2 tenants. 172 First Street Detached home with 2 bedrooms and 1 bathroom and is 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) Three units are tenanted and two units are vacant. There is immediate rental income as you plan your redevelopment vision. (SEVERANCE REQUIRED FOR INDIVIDUAL SALES). 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. For additional phots go to FOR 162 https://otido.com/162first/ FOR 170 https://otido.com/170first/ FOR 172 https://otido.com/172first/ FOR 180 https://otido.com/180first/ |
| Price | $1,999,000 |
| Taxes: | $5016.00 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 162-180 First Street , Collingwood, L9Y 1A7, Simcoe |
| Postal Code: | L9Y 1A7 |
| Province/State: | Simcoe |
| Legal Description: | PART LOT 11 W/S BEECH ST PL 73 COLLINGWO |
| Directions/Cross Streets: | On South side of First St, at corner of Beech St. Across from Shopper's Drug Mart |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Use: | Other |
| Building Percentage: | F |
| Total Area: | 2239.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1500 |
| Office/Appartment Area Code: | Sq Ft |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | F |
| Franchise: | F |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 0 |
| Rail: | N |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| CENTURY 21 PEOPLE`S CHOICE REALTY INC. |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Simcoe |
| Municipality: | Collingwood |
| Neighbourhood: | Collingwood |
| Tax: | $5,016 |
| Fireplace: | N |
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