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$849,900
Available - For Sale
Listing ID: S13550774
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.
Price $849,900
Taxes: $5,500
Tax Type: Annual
Occupancy by: Tenant
Address: 70 Main Street , Penetanguishene, L9M 1T4, Simcoe
Postal Code: L9M 1T4
Province/State: Simcoe
Legal Description: PT LT 9 N/S ROBERT ST, 10 N/S ROBERT ST
Directions/Cross Streets: Hwy 93, Turn to Main St., on the left just north of Robert St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Multi-Use
Building Percentage: T
Total Area: 4,352
Total Area Code:  Square Feet
Office/Appartment Area: 2318
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Approximatly Age: 100+
Business/Building Name: Captain Ken's
Days Open: O
Maintenance: 0
Water Expense: $666
Expenses Actual/Estimated: $Est
Sprinklers: Yes
Heat Type: Baseboard
Central Air Conditioning: Yes
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Keller Williams Experience Realty

70 Main Street , Penetanguishene, L9M 1T4, Simcoe

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Commercial Retail
Area: Simcoe
Municipality: Penetanguishene
Neighbourhood: Penetanguishene
Style:
Lot Size: x 207.40(Feet)
Approximate Age: 100+
Tax: $5,500
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949