In the heart of historic downtown Penetanguishene awaits an amazing opportunity to own a cash flowing asset with this 15 unit mixed use building. Featuring 14 fully tenanted residential units and situated on a large L-shaped lot, this 2 storey building features 2 main floor units, 2 step up units, 6 upstairs units, and 4 basement/half basement apartments. The building also features a sprawling, versatile commercial space fronting onto the main street which is newly renovated. The property has been well maintained and offers ample parking with dedicated spaces for a commercial tenant. All units feature electric baseboard heating, and tenants run their own air conditioning units in warmer months. Book your viewing today, and see what makes this property a great choice for any investor looking for a unique property in the area. (id:47421)
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Listed By
Sotheby's International Realty Canada, Brokerage (A), Sotheby's International Realty Canada, Brokerage (Collingwood)
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Detailed Information
Lot
51 x 169 ft
Amenities Nearby
Hospital, Marina, Schools
Communication Type
High Speed Internet
Listing Contract Date
2024-07-03
Location Description
Take HWY 93 into Penetanguishene and continue on Main Street. Property is on the right hand side of Main immediately before the lights at Robert Street intersection.
Ownership Type
Freehold
# of Parking Spaces
19
Property Type
Office
Signage
Signband
Transaction Type
For sale
Zoning Description
CG
Building
Basement Type
Partial
Constructed Date
1968
Exterior Finish
Aluminum siding, Brick
Fire Protection
Security system
Foundation Type
Block
Stories Total
2
Size (Exterior)
7080
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Telephone
Available
Land
Total Size
under 1/2 acre
Access Type
Highway access
Amenities
Hospital, Marina, Schools
Sewer
Municipal sewage system
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