510 First Street, Collingwood, ON L9Y 1B8

$1,999,000

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Property Description

Prime Commercial Property in Collingwood - Exceptional Investment Opportunity. Highly visible property located on First Street, receiving approximately 25,000 vehicles daily, with increased traffic during summer and winter weekends. The location offers excellent visibility and accessibility, complemented by ample parking with 16 designated spots. Zoned C4, the property boasts approximately 2,560 square feet of main-level commercial space, currently occupied under a five-year lease with an option to extend for an additional five years. The second level features a spacious three-bedroom, one and a half-bathroom open-concept apartment, currently tenanted, offering a blend of residential and commercial investment potential.

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Listing courtesy of Royal LePage Locations North.