Commercial/retail For Sale - 1 Simcoe St, Penetanguishene, Ontario L9M

location_on 1 Simcoe St, Penetanguishene

Commercial/retail

1 Simcoe St

Penetanguishene, Ontario L9M 1V2

$729,900

For Sale

Property Information

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!

Basic Details
Property Type : Commercial/retail
Listing Type : For Sale
Listing ID : S9389713
Price : $729,900
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 1
Address
Postal Code : L9M 1V2
City : Penetanguishene
Street : Simcoe
Street Number : 1
Street Suffix : St
Floor Number : 0
Longitude : E0° 0' 0''
Latitude : N0° 0' 0''
Features
Heating System : Gas Forced Air Closd
Brokerage
Office Name : KELLER WILLIAMS EXPERIENCE REALTY
Extra Information
Air Conditioning : N
Area : Simcoe
living_area : 0
living_area_unit : Sqft
Community : Penetanguishene
Lease : Sale
Tax Year : 2023

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1 Simcoe St Penetanguishene, Ontario L9M 1V2