$1,150,000
Available - For Sale
Listing ID: S11973348
70 Main St , Penetanguishene, L9M 1T4, Ontario
| A rare chance to own a versatile, income-generating property in the heart of Penetanguishene! Home to Captain Ken's Diner & Pub, a beloved local landmark operating since 1976. The main floor features a fully equipped, turnkey restaurant space, known for its high visibility, steady foot traffic, welcoming atmosphere, and loyal customer base. Above the restaurant, the second floor offers two large, 3-bedroom, 1-bath apartments, both currently tenanted providing reliable rental income. Highlighted by a deck/patio off the back unit. With prime Main Street frontage, on-site parking (5-6 cars), and flexible DW zoning, this property is ideal for restaurateurs, investors, or entrepreneurs. Whether you continue its long-standing tradition or bring your own vision, this is a rare chance to own a piece of Penetanguishene's history. Don't miss this incredible opportunity! |
| Price | $1,150,000 |
| Taxes: | $5031.00 |
| Tax Type: | Annual |
| Assessment: | $242000 |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 70 Main St , Penetanguishene, L9M 1T4, Ontario |
| Postal Code: | L9M 1T4 |
| Province/State: | Ontario |
| Legal Description: | PT LT 9 N/S ROBERT ST, 10 N/S ROBERT ST |
| Lot Size: | 31.00 x 207.40 (Feet) |
| Directions/Cross Streets: | Hwy 93, Turn to Main St., on the left just passed Robert St |
| Category: | Multi-Use |
| Building Percentage: | Y |
| Total Area: | 4352.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 2318 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 2034 |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 100+ |
| Days Open: | 5 |
| LLBO: | Y |
| Sprinklers: | Y |
| Washrooms: | 3 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Y |
| Elevator Lift: | None |
| Water: | Municipal |
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| Keller Williams Co-Elevation Realty, Brokerage |
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Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
Bus:
905-458-7979
Fax:
905-458-1220
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Simcoe |
| Municipality: | Penetanguishene |
| Neighbourhood: | Penetanguishene |
| Lot Size: | 31.00 x 207.40(Feet) |
| Approximate Age: | 100+ |
| Tax: | $5,031 |
| Baths: | 3 |
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