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!
Basic Details
Property Type : Commercial/retail
Listing Type : For Sale
Listing ID : S11973348
Price : $1,150,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 1
Address
Postal Code : L9M 1T4
City : Penetanguishene
Street : Main
Street Number : 70
Street Suffix : St
Floor Number : 0
Longitude : E0° 0' 0''
Latitude : N0° 0' 0''
Features
Heating System : Baseboard
Elevator : None
Parking : 6
Brokerage
Office Name : Keller Williams Co-Elevation Realty, Brokerage
