70 Main Street, Penetanguishene | Image 1

70 Main Street

Penetanguishene, Penetanguishene

  • Commercial

$1,150,000
For Sale

Added 1 week ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: DW

  • Age: 100+ years

  • Taxes: 5031

  • MLS®#: S11973348

  • Days on Site: 4 Days

  • Added: Feb 14, 2025 (1 week ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: Keller Williams Co-Elevation Realty, Brokerage

A rare chance to own a versatile, income-generating property in the heart of Penetanguishene! Home to Captain Ken's Diner & Pub, a beloved local landmark operating since 1976. The main floor features a fully equipped, turnkey restaurant space, known for its high visibility, steady foot traffic, welcoming atmosphere, and loyal customer base. Above the restaurant, the second floor offers two large, 3-bedroom, 1-bath apartments, both currently tenanted providing reliable rental income. Highlighted by a deck/patio off the back unit. With prime Main Street frontage, on-site parking (5-6 cars), and flexible DW zoning, this property is ideal for restaurateurs, investors, or entrepreneurs. Whether you continue its long-standing tradition or bring your own vision, this is a rare chance to own a piece of Penetanguishene's history. Don't miss this incredible opportunity!

Property

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Age: 100+

  • Area: Penetanguishene

  • Community: Penetanguishene

  • Availability Date: Flexible

  • Assessment Amount: $242,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 3

  • Air Conditioning: Y

  • Washrooms: 3

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Baseboard

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 6

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 9 N/S ROBERT ST, 10 N/S ROBERT ST PL 9 PENETANGUISHENE AS

  • Taxes: $5,031

  • Taxes Type: Annual

Land

  • Cross Street: Hwy 93, Turn to Main

  • Municipality District: Penetanguishene

  • Parcel Number: 584320171

  • Lot Depth: 207.4 Feet

  • Lot Frontage: 31 Feet

  • Lot Irregularities: 37.95ft x 207.31ft x

  • Zoning: DW

Commercial Specific

  • Retail Area: 2034

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 4352

  • Total Area Metric: Sq Ft

  • Office Size: 2318

  • Office Size Metric: Sq Ft

  • Days Open: 5

  • Lot Code: Building

  • Survey: N

  • LLBO: Y

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