29
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$739,000
Est. payment /mo
4 Baths
4,323 SqFt
Price Dropped by $60K
79 MAIN STREET Penetanguishene, ON L9M1S8
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,323 sqft
Price per Sqft $170
Subdivision Penetanguishene
MLS® Listing ID S11969608
Originating Board Toronto Regional Real Estate Board
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Virtual Tour https://youtu.be/kWIgucBtI_I
Listed by ROYAL LEPAGE FIRST CONTACT REALTY