$729,900
FOR SALE

Office

Lot: 43 x 0 ft

1 Simcoe Street
Penetanguishene, ON L9M 1V2

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! (id:47421)
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Listed By Keller Williams Experience Realty, Brokerage (255 King St), Keller Williams Experience Realty, Brokerage (Barrie Unit 1B)
Data Provided By OnePoint - The Lakelands
MLS® Listing Number 40659858
Last Updated Oct 09, 2024
Property Summary
Property Type Office

More like this:
Subdivision PE01 - East of Main Street
Price History

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Detailed Information
Lot 43 x 0 ft
Amenities Nearby Public Transit
Communication Type High Speed Internet
Community Features High Traffic Area
Features Visual exposure
Listing Contract Date 2024-10-08
Location Description Hwy 93 to Penetanguishene. North on Main St. Corner of Main & Simcoe. Sign in Window.
Ownership Type Freehold
Property Type Office
Transaction Type For sale
Zoning Description DW
Building
Basement Type Full
Exterior Finish Brick
Foundation Type Stone
Stories Total 2
Size (Exterior) 3217
Utility Water Municipal water
Utilities
Type Description
ElectricityAvailable
Natural GasAvailable
Land
Total Size 0.045 acres
Amenities Public Transit
Sewer Municipal sewage system
Size of Irregular Land 0.045
External Links

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