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$ 849,900
Est. payment /mo
New
70 Main ST Penetanguishene, ON L9M 1T4
3 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Penetanguishene
MLS Listing ID S13550774
Annual Tax Amount $5,500
Tax Year 2026
Property Sub-Type Commercial Retail
Property 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.
Location
Province ON
County Simcoe
Area Simcoe
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 31.0
Lot Depth 207.4
Building
Building Age 100+
Others
Security Features Yes
ParcelsYN No
Listed by Keller Williams Experience Realty