$729,900
Available - For Sale
Listing ID: S10435687
1 SIMCOE Stre , Penetanguishene, L9M 1V2, Simcoe
| Exciting Investment Opportunity Available for Immediate Acquisition and Move-In! Located on the charming historic Main Street in downtown Penetanguishene, this well-maintained three-unit corner building boasts high ceilings and original features as well as character from its original use. Positioned centrally in town, it offers excellent visibility for a variety of businesses, while the upper residential unit offers convenience of location to multiple in-town amenities. All units are currently vacant and available for new tenants at market rates, allowing you to maximize your investment by selecting your tenants and revenue; or to capitalize on an ideal live-work opportunity for you and your business. Unit "A" features a spacious open-concept commercial area on the main level, complete with a separate office and a dry, full-height basement for storage, along with a bathroom. Unit "B" includes two large rooms, two basement storage areas, and a bathroom, ensuring great visibility from Main Street for both commercial units. Unit “C” has been transformed into a generous 2-bedroom, 2-bath apartment expanding through the entire floor. Featuring high ceilings, original hardwood floors and a large living area with a gas fireplace. Natural light floods the space with windows on all sides of this expansive apartment. There’s also potential to redevelop the space into two separate units, to significantly boost rental income.Don’t let this unique opportunity to own a remarkable building in a lovely small-town environment pass you by! |
| Price | $729,900 |
| Taxes: | $4930.31 |
| Tax Type: | Unknow |
| Assessment: | $224000 |
| Assessment Year: | 2024 |
| Occupancy: | Vacant |
| Address: | 1 SIMCOE Stre , Penetanguishene, L9M 1V2, Simcoe |
| Postal Code: | L9M 1V2 |
| Province/State: | Simcoe |
| Legal Description: | PT LT 40 E/S PENETANGUISHENE RD PL 36 PE |
| Lot Size: | 43.00 x 40.00 (Feet) |
| Directions/Cross Streets: | Hwy 93 to Penetanguishene. North on Main St. Corner of Main & Simcoe. Sign in Window. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Multi-Use |
| Building Percentage: | F |
| Total Area: | 3217.00 |
| Total Area Code: | Square Feet |
| Retail Area: | 1435 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Sprinklers: | Unkn |
| Washrooms: | 0 |
| Heat Type: | Unknown |
| Central Air Conditioning: | Unknown |
| Sewers: | Sanitary |
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| Keller Williams Experience Realty, Brokerage (255 King St) |
|
|
Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
Bus:
905-458-7979
Fax:
905-458-1220
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Simcoe |
| Municipality: | Penetanguishene |
| Neighbourhood: | Penetanguishene |
| Lot Size: | 43.00 x 40.00(Feet) |
| Tax: | $4,930.31 |
| Fireplace: | N |
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