79 Main Street, Penetanguishene, Ontario L9M 1S8

Listed for:
$799,000
0 beds
4 baths
Listed 43 days ago
79 Main Street, Penetanguishene, Ontario L9M 1S8

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Learn more about this property
Listing provided by:
ROYAL LEPAGE FIRST CONTACT REALTY
MLS® number:
S11969608
Agent:
Jennifer Squires
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About

Main & Robert 79 & 81 Main Street - Fully tenanted - Located on one of the most desirable areas in the downtown core, this commercial/residential building is bursting with potential. Just steps to shopping, restaurants, services & waterfront. Currently CG-7 zoning, (DW zoning in 2023) allows for a wide variety of commercial/residential uses. A spacious main floor plan offers 2 separate open concept commercial spaces. The main floor interior is renovated, maintained & upgraded with modern decor; featuring Pot lights, gorgeous flooring, exposed brick walls and finishes from the original construction era. The exterior is low maintenance brick & sleek large commercial grade signage. This comprehensive CG-7/DW Zoning & site offers many development options to expand the commercial space or add on multi-residential units. Plenty of room to build out an additional residential unit in the back of the main floor. The second floor boasts two large apartments. The back unit currently offers one bedroom plus TWO dens. The front apartment with views of Georgian Bay is a one bedroom, with den & laundry. Both units with large Skylights. The basement is partially finished with tons of storage space or create another unit. This building is the perfect spot for a retailer, hotel, restaurant, lawyer, accountant, doctor, therapist, realtor, or entrepreneur looking for a well-presented office in the downtown core with endless opportunities with ongoing business development & improvements nearby. Please note this town has a Community Improvement Plan (id:27476)

Property Highlights

MLS® Number
S11969608
Type
Retail
Community Name
Penetanguishene
Land Size
Bldg=26 FT

Building

Square Footage
4323 sqft
Bathrooms Total
4
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Other
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Street Spotlight - For sale