$729,900
FOR SALE

Commercial/Retail

Lot: 43 x 40.86 ftTotal Area: 3,217 ft2
2023 Taxes: $4,930

1 Simcoe St
Penetanguishene, ON L9M 1V2 | Simcoe

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!
Share
Listed By KELLER WILLIAMS EXPERIENCE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number S9389713
Last Updated Oct 09, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Category Multi-Use
PIN 584330083
Occupancy Vacant
Possession Date Immediate
Taxes (2023) $4,930
Tax Type Annual
Directions/Cross Streets Main St / Simcoe St
Neighbourhood Penetanguishene
Area Simcoe
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 43 x 40.86 ft
Retail Area 3,217 ft2
Total Area 3,217 ft2
Air Conditioning N
Garage Type None
Heat Type Gas Forced Air Closd
Sprinklers N
Utilities A
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning DW
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)