Added 1 week ago
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Type: Commercial/Retail
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Property Type: Commercial
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Business Type: Other
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Zoning: CG-7
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Age: 100+ years
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Taxes: 4950
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MLS®#: S11969608
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Added: Feb 12, 2025 (1 week ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: ROYAL LEPAGE FIRST CONTACT REALTY
79 & 81 Main Street - Fully tenanted - Located on one of the most desirable areas in the downtown core, this commercial/residential building is bursting with potential. Just steps to shopping, restaurants, services & waterfront. Currently CG-7 zoning, (DW zoning in 2023) allows for a wide variety of commercial/residential uses. A spacious main floor plan offers 2 separate open concept commercial spaces. The main floor interior is renovated, maintained & upgraded with modern decor; featuring Pot lights, gorgeous flooring, exposed brick walls and finishes from the original construction era. The exterior is low maintenance brick & sleek large commercial grade signage. This comprehensive CG-7/DW Zoning & site offers many development options to expand the commercial space or add on multi-residential units. Plenty of room to build out an additional residential unit in the back of the main floor. The second floor boasts two large apartments. The back unit currently offers one bedroom plus TWO dens. The front apartment with views of Georgian Bay is a one bedroom, with den & laundry. Both units with large Skylights. The basement is partially finished with tons of storage space or create another unit. This building is the perfect spot for a retailer, hotel, restaurant, lawyer, accountant, doctor, therapist, realtor, or entrepreneur looking for a well-presented office in the downtown core with endless opportunities with ongoing business development & improvements nearby. Please note this town has a Community Improvement Plan
Property
Status: Sale
Type: Other
Property Type: Commercial/Retail
Property Type: Multi-Use
Age: 100+
Area: Penetanguishene
Community: Penetanguishene
Availability Date: Flexible
Assessment Year: 2025
Inside
Bathrooms: 4
Air Conditioning: Y
Washrooms: 4
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Other
Energy Certificate: N
Green Verification Status: N
Freestanding: Y
Outside Storage: N
Water Supply: Municipal
Physically Handicapped-Equipped: N
Parking
Garage Type: None
Fees
Tax Year: 2025
Taxes: $4,950
Expenses: Est
Insurance Fee: 4100
Hydro Expense: 2690
Heat Expenses: 2100
Taxes Type: Annual
Taxes: 4950
Water Fees: 350
Land
Cross Street: Main & Robert
Municipality District: Penetanguishene
Parcel Number: 584330129
Lot Frontage: 26 Feet
Zoning: CG-7
Additional Media
- Virtual Tour: https://youtu.be/kWIgucBtI_I
Commercial Specific
Retail Area: 2181
Retail Area Metric: Sq Ft
Sprinklers: N
Total Area: 4323
Total Area Metric: Sq Ft
Lot Code: Building
Gross Income/Sales: 54600
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
