70 Main ST new

Penetanguishene,ON L9M 1T4

$ 1150000

- Bed

3 Baths

4352 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,352 sqft

Price per Sqft $264

Subdivision Penetanguishene

MLS Listing ID S11973348

Annual Tax Amount $5,031

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

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!

Location

Province ON

County Simcoe

Community Penetanguishene

Area Simcoe

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 31.0

Lot Depth 207.4

Others

Security Features Yes

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