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101 Main Street Penetanguishene, ON L9M 1S9
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Key Details
Sold Price $1,475,000
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Sold
Purchase Type For Sale
Square Footage 7,080 sqft
Price per Sqft $208
MLS Listing ID 40615086
Sold Date 10/07/24
Abv Grd Liv Area 7,080
Originating Board The Lakelands
Year Built 1968
Annual Tax Amount $21,324
Property Description
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.
Location
Province ON
County Simcoe County
Area Penetanguishene
Zoning CG
Direction 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.
Rooms
Basement Partial
Kitchen 0
Interior
Interior Features High Speed Internet
Fireplace No
Exterior
Exterior Feature Storage
Garage Concrete
Utilities Available Electricity Connected, Garbage/Sanitary Collection, Recycling Pickup, Phone Connected
Waterfront No
Lot Frontage 51.48
Lot Depth 168.93
Parking Type Concrete
Garage No
Building
Lot Description City Lot, Highway Access, Hospital, Marina, Schools
Faces 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.
Story 2
Foundation Concrete Block, Stone
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Aluminum Siding
New Construction No
Others
Senior Community false
Tax ID 584400216
Ownership Freehold/None
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