637 Hurontario Street Collingwood, Ontario L9Y 2N6

$3,499,000

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:42776)

Property Details

MLS® Number	S12337285
Property Type	Retail
Community Name	Collingwood
Amenities Near By	Public Transit, Ski Hill
Features	Irregular Lot Size
Parking Space Total	10

Building

Bathroom Total	8
Age	100+ Years
Appliances	Dishwasher, Microwave
Cooling Type	Fully Air Conditioned
Heating Type	Hot Water Radiator Heat
Size Interior	1 Acres
Type	Residential Commercial Mix
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Public Transit, Ski Hill
Size Depth	245 Ft
Size Frontage	104 Ft ,7 In
Size Irregular	0.851
Size Total	0.851 Ac
Size Total Text	0.851 Ac
Zoning Description	C4

https://www.realtor.ca/real-estate/28717137/637-hurontario-street-collingwood-collingwood