70 MAIN STREET
Penetanguishene, Ontario
MLS® S13657786
$799,900
- Status
- Active
- Property type
- Retail
- MLS® number
- S13657786
- Bedrooms
- —
- Bathrooms
- 3
- Year built
- —
Listing description
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.
Property summary
- MLS® number
- S13657786
- Property type
- Retail
- Size
- 4,352 sq ft
- Land size
- Bldg=31 x 207.4 FT ; 37.95ft x 207.31ft x 40.69ft x 207.04
- Annual property taxes
- $5,500.00
- Parking
- 6 spaces
- Days on market
- 49 days
Features & details
- Heating
- Baseboard heaters
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $799,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Keller Williams Experience Realty, MIDLAND.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.