$849,900
Fully Air Conditioned
Baseboard Heaters
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. (id:36109)
Business
Property Details
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MLS® Number
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S13550774 |
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Property Type
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Retail |
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Community Name
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Penetanguishene |
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Parking Space Total
|
6 |
Building
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Bathroom Total
|
3 |
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Age
|
100+ Years |
|
Cooling Type
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Fully Air Conditioned |
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Heating Type
|
Baseboard Heaters |
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Size Exterior
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4352 Sqft |
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Size Interior
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4,352 Ft2 |
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Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
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Size Depth
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207 Ft ,4 In |
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Size Frontage
|
31 Ft |
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Size Irregular
|
Bldg=31 X 207.4 Ft ; 37.95ft X 207.31ft X 40.69ft X 207.04 |
|
Size Total Text
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Bldg=31 X 207.4 Ft ; 37.95ft X 207.31ft X 40.69ft X 207.04 |
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Zoning Description
|
Dw |