256 Ontario Street Collingwood, Ontario L9Y 1M9

$999,000

Incredible Opportunity in the Heart of Collingwood! Own a rare, detached commercial building with an updated residential apartment above, perfectly situated at the high-visibility corner of Ontario & Napier Streets in a mature downtown neighborhood. This well-maintained, mixed-use property has been a local landmark for over 50 years and now offers endless potential for investors, entrepreneurs, or live/work owners. The main level offers approx. 1,400 sq. ft. of commercial/retail space, complete with a 2-piece washroom, ample storage, and cooler space, ideal for a variety of business ventures. Whether you're launching a new enterprise or relocating to a more strategic location, this corner lot offers high traffic, great exposure, and a large partially fenced yard with generous parking. A detached garage adds even more flexibility and utility. Above the commercial space, enjoy a well-designed 3-bedroom residential apartment. The unit features an eat-in kitchen, bright living area, laundry and 2 full bathrooms, perfect for an owner-occupier, tenant rental, or short-term rental potential. Bonus: a full attic is ready for your vision, create a loft, office, or extra storage. Recent upgrades by the current owners add value throughout, and zoning supports both commercial and residential uses. Apartment chattels are included; stock is excluded. This sale includes building and land only, not the business. Don't miss this unique opportunity to invest in a character-filled property with built-in income potential and a location that can not be beat. Explore the possibilities and secure your piece of Collingwood history today! (id:56248)

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https://www.realtor.ca/real-estate/28366593/256-ontario-street-collingwood-collingwood