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$715,000
Available - For Sale
Listing ID: S12279336
Exceptional Historic Mixed-Use Investment Opportunity in the Heart of Downtown Penetanguishene! Located on a prominent corner along historic Main Street, this character-rich, well-maintained building offers three vacant units ready for immediate occupancy ideal for investors, business owners, or live-work buyers looking to make their mark in a vibrant small-town setting. This property offers outstanding visibility, foot traffic, and flexibility for various business types. The main-level features two commercial units: Unit A: Bright open-concept space with a private office, bathroom, and full-height dry basement perfect for retail or professional use. Unit B: Two large rooms with great Main Street exposure, plus two basement storage areas and a bathroom. Upstairs, Unit C spans the entire top floor a spacious 2-bedroom, 2-bath residential apartment showcasing soaring ceilings, original hardwood floors, a cozy gas fireplace, and natural light from windows on all sides. The layout offers future potential to split into two separate units, significantly enhancing rental income.All units are vacant, giving you the freedom to set market rents, hand-pick tenants, or explore a live-work arrangement. Whether you're looking to invest, relocate your business, or enjoy rental income in a thriving community, this is an opportunity you don't want to miss.Own a piece of Penetanguishene's charm steps to the waterfront, shops, and key amenities!
Price $715,000
Taxes: $5,069
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Vacant
Address: 1 Simcoe Stre , Penetanguishene, L9M 1V2, Simcoe
Postal Code: L9M 1V2
Province/State: Simcoe
Legal Description: PT LT 40 E/S PENETANGUISHENE RD PL 36 PE
Directions/Cross Streets: Main and Simcoe
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Store With Apt/Office
Building Percentage: F
Total Area: 3,217
Total Area Code:  Square Feet
Office/Appartment Area: 1782
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Approximatly Age: 100+
Financial Statement: F
Chattels: F
Franchise: F
Maintenance: 0
Sprinklers: No
Heat Type: Other
Central Air Conditioning: No
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Keller Williams Experience Realty

1 Simcoe Stre , Penetanguishene, L9M 1V2, Simcoe


 
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At a Glance:
Type: Com - Store W Apt/Office
Area: Simcoe
Municipality: Penetanguishene
Neighbourhood: Penetanguishene
Style:
Lot Size: x 40.86(Feet)
Approximate Age: 100+
Tax: $5,069
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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