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 160 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/ (id:13843)
| MLS # | S13503104 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 117 |
| Listing Provided By | CENTURY 21 PEOPLE'S CHOICE REALTY INC. | MUHAMMAD A SIDDIQI |
| SQ Feet | 2,239 |
|---|---|
| Zoning | c4 |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 5016 |
|---|
| Province | ON |
|---|---|
| City | Collingwood |
| Postal Code | L9Y1A7 |
| Listing VS Median (in L9Y1A7) | |
Price: $1,799,000 low | high Med: $1,799,000 sqft: 2,239 low | high Med: 2,239 $ / sqft: $803 low | high Med: $803 On site: 117 low | high Med: 117 | |
| Province | ON |
|---|---|
| City | Collingwood |
| Postal Code | L9Y1A7 |
| Listing VS Median (in L9Y1A7) | |
Price: $1,799,000 low | high Med: $1,799,000 sqft: 2,239 low | high Med: 2,239 $ / sqft: $803 low | high Med: $803 On site: 117 low | high Med: 117 | |
![]() | $1,950,000169 Second StreetCollingwood, ON L9Y1E9 |