Commercial real estate agent in Collingwood
Collingwood, Ontario, is a vibrant market for commercial real estate, with numerous properties available for sale and lease. The area is served by a variety of real estate brokerages, including Royal LePage Locations North, and others, offering a range of commercial properties such as office spaces, retail units, and investment properties. The region’s active real estate market and the presence of experienced agents and brokerages make it an attractive location for those seeking to buy, sell, or lease commercial real estate in Collingwood
Types of Commercial Real Estate
Hospitality establishments include truck stops, hotels, motels, public houses,
taverns, restaurants, cafes, dining establishments, stadiums, sports facilities, amusement parks, movie studios, and theaters. shopping malls, shops, showrooms, supermarkets, big-box stores, convenience stores, grocery stores, and retail stores
Serviced offices, office structures, Healthcare facilities include clinics, dispensaries, hospitals, and nursing homes. Multifamily dwellingsbuildings with multiple apartments. Educational, colleges, institutions, and schools. Automotive repair businesses, warehouses, machine shops, and industrial factories fields, orchards, ranches, dairy farms, pig farms, poultry farms, fish farms, barns, stables.
Only the first five of these are categorized as commercial structures. Multifamily apartments can also be considered residential income property.
Commercial real estate investment
Cash inflows and outflows, the timing of cash flows, and risk are the fundamental components of an investment. Being able to evaluate these components is essential when offering services to commercial real estate investors. The money that goes into or comes out of the property, including the initial cost of purchase and any proceeds from sales over the course of the investment, is referred to as cash inflows and outflows. A real estate fund is one type of this kind of investment.
Among the cash inflows are the following:
Rent Recovery of Operating Expenses
Charges for services, parking, vending, etc.
earnings from the sale
Tax Advantages
Devaluation
Tax credits (historical, for example)
Expenses of cash include:
first financial commitment (down payment)
All operational costs and levies
loan repayment (mortgage)
Tenant leasing costs and capital expenditures expenses at sale
To project periods of positive and negative cash flows, it is crucial to understand the timing of cash inflows and outflows. Risk is influenced by the state of the market, the tenancy of the existing tenants, and the possibility that they may extend their contracts annually. It is critical to be able to forecast the likelihood that cash inflows and outflows will occur in the amounts and at the times that are anticipated, as well as the likelihood that there will be unexpected cash flows and the potential amounts of those flows.
In 2018, the United States’ overall commercial property value was estimated to be $6 trillion. The US Commercial Real Estate Index, which is derived weekly from eight economic drivers, gauges the relative strength of the market.
Commercial property in Collingwood
Commercial property is real estate (buildings or land) that is meant to make a profit through capital gains or rental income. It is also referred to as income property, investment property, or commercial real estate. Office buildings, hospitals, hotels, shopping centers, retail establishments, multifamily housing complexes, farms, warehouses, and garages are examples of commercial property. For borrowing and tax purposes, residential property with more than a specific number of units is considered commercial property in many U.S. states. Office buildings, warehouses, and retail spaces (such as conveniencestores, “big box” stores, and shopping malls) are examples of structures utilized for commercial purposes. In metropolitan areas, a commercial building may have retail on floor 1 and offices on levels 2 through 10.
These buildings can be referred to as multi-use when significant space is allotted to several purposes. A business must be situated in a commercial area or an area that is at least partially allocated for commerce. Local authorities typically enforce stringent laws for commercial zoning and have the power to identify any zoned area as such.
Commercial property types
Commercial Real Estate Listing
Property Details
MLS® #: | 1557667 |
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Price: | $349,900 SOLD |
Address: | 148 PINE ST, COLLINGWOOD |
Area: | Southern Georgian Bay, Collingwood (CO), Collingwood Central (CC) |
Type: | Commercial Misc. |
Lot Size: | 29.50 X 165` |
Waterfront: | No |
Year Built: | 0 |
Description
Prime Location! Commercially Zoned C-1 in the Heritage District, on Pine Street at Third St, just steps from restaurants, shops & businesses. The 2091 sqft house has lots of potential, currently used as a duplex, 2 bedrooms & 2 bathrooms on the main floor, 3 bedrooms 1 bathroom on the second being sold `As Is`. The 2 story red brick Heritage home circa 1900s, has original veranda, stained glass window and wood shingles with a carving decorates the front gable. Main floor has gas forced air heat, 9-4` ceilings, wood floors upstairs. Contact for zoning, parking details and to view the property
Additional Information
Sale/lease: | Building and Land | Heating: | Baseboard, Electric, Forced Air, Natural Gas |
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Taxes: | 3200/2015 | Floor: | Wood, Other |
Water Frontage: | |||
Site Influences: | Landscaped, Level, Public Parking, Shopping Nearby, Treed |
Type | Net Rental Area | Rent Rate | Occupant | Lease Expiry |
---|---|---|---|---|
# Residential Units | 934 SF | $750 | MO-TO-MO | |
# Residential Units | 1150 SF | $750 | MO-TO-MO |
Listing Office:
Disclaimer
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Southern Georgian Bay Association of REALTORS® . The Detailed Information Sheet includes the name of the participating listing office.
Information is deemed reliable but not guaranteed.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Used under license.
©2015 Listings are property of the Southern Georgian Bay Association of REALTORS®.
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Realtor®
Locations North Brokerage, Royal Lepage
Serving Southern Georgian Bay
Call: 705-331-3341
Email: jilldoes@myrealestateteam.net
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Jill Does is a real estate agent since 2007. She serves the Southern Georgian Bay area including Collingwood, Wasaga Beach, Thornbury, Meaford and Creemore.