Added 1 month ago
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Type: Commercial/Retail
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Property Type: Commercial
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Zoning: DW
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Age: No Data
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Taxes: 4930
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MLS®#: S9389713
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Days on Site: 1 Days
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Added: Oct 08, 2024 (1 month ago)
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Updated:
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Last Checked: 7 hours ago
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Listed By: KELLER WILLIAMS EXPERIENCE REALTY
Exciting Investment Opportunity Available for Immediate Acquisition and Move-In! Located on the charming historic Main Street in downtown Penetanguishene, this well-maintained three-unit corner building boasts high ceilings and original features as well as character from its original use. Positioned centrally in town, it offers excellent visibility for a variety of businesses, while the upper residential unit offers convenience of location to multiple in-town amenities. All units are currently vacant and available for new tenants at market rates, allowing you to maximize your investment by selecting your tenants and revenue; or to capitalize on an ideal live-work opportunity for you and your business. Unit "A" features a spacious open-concept commercial area on the main level, complete with a separate office and a dry, full-height basement for storage, along with a bathroom. Unit "B" includes two large rooms, two basement storage areas, and a bathroom, ensuring great visibility from Main Street for both commercial units. Unit C has been transformed into a generous 2-bedroom, 2-bath apartment expanding through the entire floor. Featuring high ceilings, original hardwood floors and a large living area with a gas fireplace. Natural light floods the space with windows on all sides of this expansive apartment. There's also potential to redevelop the space into two separate units, to significantly boost rental income. Don't let this unique opportunity to own a remarkable building in a lovely small-town environment pass you by!
Property
Status: Sale
Property Type: Commercial/Retail
Property Type: Multi-Use
Area: Penetanguishene
Community: Penetanguishene
Availability Date: Immediate
Inside
Air Conditioning: N
Utilities
Utilities: Available
Building
Heat Type: Gas Forced Air Closd
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: None
Fees
Tax Year: 2023
Taxes: $4,930
Taxes Type: Annual
Land
Cross Street: Main St / Simcoe St
Municipality District: Penetanguishene
Parcel Number: 584330083
Lot Depth: 40.86 Feet
Lot Frontage: 43 Feet
Zoning: DW
Commercial Specific
Retail Area: 3217
Retail Area Metric: Sq Ft
Sprinklers: N
Total Area: 3217
Total Area Metric: Sq Ft
Lot Code: Lot
École élémentaire Le Caron
Elementary: PublicÉcole publique Saint-Joseph
Elementary: PublicSt Ann's Separate School
Elementary: CatholicCanadian Martyrs Catholic School
Elementary: CatholicBurkevale Protestant Separate School
Elementary: Protestant SeparateJames Keating Public School
Elementary: PublicGeorgian Bay District Secondary School
Secondary: PublicNorth Simcoe Campus
Secondary: PublicÉcole secondaire Le Caron
Secondary: PublicStayner Collegiate Institute
Secondary: PublicElmvale District High School
Secondary: PublicSt Theresa's Separate School
Secondary: Catholic
