$599,900

About this property

A rare opportunity to acquire vacant commercial land in the heart of downtown Collingwood. Zoned C1 - Downtown Core Commercial, this property offers exceptional flexibility for investors, developers and business owners looking to create a distinctive project within Collingwood's vibrant downtown. The C1 zoning permits a broad range of uses, including retail, restaurants, professional and business offices, personal services, medical offices, galleries, hotels and other commercial opportunities. The zoning also provides potential for residential units within a non-residential building, subject to applicable zoning provisions and municipal approvals. Residential units are permitted above the first storey with separate access from the commercial portion, creating excellent potential for a mixed commercial/residential development. Of particular interest to developers, C1 zoning provides no minimum lot area or frontage requirements, no maximum lot coverage and permits a maximum building height of 12 metres. Ideally situated within walking distance of downtown shops, restaurants, cafés, professional services, the waterfront, harbour and trail system, the property offers an outstanding opportunity to establish a presence in one of Southern Georgian Bay's most desirable four-season communities. With municipal services available at the lot line, 23 Market Street presents a rare opportunity for retail, hospitality, professional space, mixed-use development or a strategic long-term investment in the continued evolution of downtown Collingwood. (id:66946)