3 Bathroom
4352 sqft
Fully Air Conditioned
Baseboard Heaters
$799,900
Discover an exceptional investment opportunity in the heart of Penetanguishene. This well-established mixed-use commercial property offers multiple income streams and outstanding long-term potential. Home to the iconic Captain Ken's Diner & Pub, a community favourite for decades, the main level features a fully equipped restaurant space with excellent Main Street exposure, strong visibility, and steady pedestrian and vehicle traffic.The second floor offers two spacious, 3-bedroom residential apartments, both currently tenanted and providing dependable rental income. Situated on a generous lot with six on-site parking spaces, municipal services, and flexible DW zoning, this freestanding building presents endless possibilities for investors, business owners, or entrepreneurs looking to expand their portfolio. Continue operating a successful restaurant, lease the commercial space, or explore future opportunities permitted within the zoning.With over 4,300 sq. ft. of total space, a central location just off Highway 93, and three established income-producing units, this is a rare opportunity to acquire a landmark property. (id:13139)
Property Details
|
MLS® Number
|
S13657786 |
|
Property Type
|
Retail |
|
Community Name
|
Penetanguishene |
|
ParkingSpaceTotal
|
6 |
Building
|
BathroomTotal
|
3 |
|
Age
|
100+ Years |
|
CoolingType
|
Fully Air Conditioned |
|
HeatingType
|
Baseboard Heaters |
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SizeExterior
|
4352 Sqft |
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SizeInterior
|
4352 Sqft |
|
UtilityWater
|
Municipal Water |
Land
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Acreage
|
No |
|
SizeDepth
|
207 Ft ,4 In |
|
SizeFrontage
|
31 Ft |
|
SizeIrregular
|
Bldg=31 X 207.4 Ft ; 37.95ft X 207.31ft X 40.69ft X 207.04 |
|
SizeTotalText
|
Bldg=31 X 207.4 Ft ; 37.95ft X 207.31ft X 40.69ft X 207.04 |
|
ZoningDescription
|
Dw |
https://www.realtor.ca/real-estate/30136204/70-main-street-penetanguishene-penetanguishene