Incredible Investment or Commercial Opportunity in the Village of Tweed. This Former municipal building in the heart of Tweed overlooking the Moira river is a must-see for investors and entrepreneurs alike! Offering 7,800 square feet of functional space. The space has been retrofitted with two income-producing residential suits-providing built-in revenue potential from day one. The rest of the building is vacant and ready for your vision. Lower level has separate side entrance. The property features laundry facilities, 4 bathrooms and 4 kitchens (Including in apartments), Many new windows, Owned hot water tanks, HRV, security system, and is situated on a double lot with full municipal services, ample parking, and the potential to sever the second lot for future development. With full wheelchair access via the side entrance and stair lift to access the basement, this property is ideal for a range of uses-whether you're launching a business, expanding office space, multi-plex, or developing a community hub. A blank canvas with endless potential-don't miss out on this incredible opportunity!
Address
320 Colborne Street
List Price
$850,000
MLS® Status
Price Change
Expiration Date
2025-12-31
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
Other
Transaction Type
Sale
Area
Tweed
Sub-Area
Tweed (Village)
Region
Hastings
Bedrooms
4
Bedrooms (Total)
4
Rooms Above Grade
22
Rooms Below Grade
11
Bathrooms
4
Floor Area
3500-5000 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
125.79
Lot Shape
Rectangular
Lot Size Range (Acres)
.50 - 1.99
Lot Size Units
Feet
Lot Width
163.5
Occupant Type
Owner+Tenant
Cross Street
Victoria St N /Spring St E/ Colborne Street
Approx. Age
31 - 50 Years
MLS® Number
X12308316
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY
Basement Area
Development Potential
Postal Code
K0K 3J0
Parking
Other
Parking Places (Total)
12
Parking Spaces
12
Tax Amount
$5,362.00
Tax Year
2025
Site Influences
Arts Centre, Library, Park, Place Of Worship, Porch, Rec./Commun.Centre, River/Stream
Accessibility Features
32 Inch Min Doors, Bath Grab Bars, Ramped Entrance, Stair Lift, Wheelchair Access
Exterior Features
Porch
Interior Features
Air Exchanger, Central Vacuum, In-Law Capability, Storage, Water Heater Owned, Water Treatment, Wheelchair Access
Property Features
Arts Centre, Library, Park, Place Of Worship, Rec./Commun.Centre, River/Stream
Cable
Available
Central Vacuum
Yes
Family Room
Yes
Hydro
Yes
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Senior Community
No
Board Or Association
Central Lakes Association of REALTORS
Heat Source
Electric
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
East
Fireplace
No
Foundation Details
Concrete Block
Garage
No
Garage Type
None
Kitchens Total
4
Kitchens Above Grade
3
Kitchens Below Grade
1
Other Structures
Shed
Pool Features
None
Roof
Metal
Tax Legal Description
PLAN 12 LOT 22
Security Features
Alarm System, Smoke Detector
Topography
Flat
View Type
City, Creek/Stream, Trees/Woods
Water View
Partially Obstructive
Waterfront
No
Sewer
Sewer
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