70 Main Street, Penetanguishene, ON L9M 1T4
Penetanguishene, ON L9M 1T4
About this property
Discover an exceptional investment opportunity in the heart of Penetanguishene. This well-established mixed-use commercial property offers multiple income streams and outstanding long-term potential. Home to the iconic Captain Ken's Diner & Pub, a community favourite for decades, the main level features a fully equipped restaurant space with excellent Main Street exposure, strong visibility, and steady pedestrian and vehicle traffic.The second floor offers two spacious, 3-bedroom residential apartments, both currently tenanted and providing dependable rental income. Situated on a generous lot with six on-site parking spaces, municipal services, and flexible DW zoning, this freestanding building presents endless possibilities for investors, business owners, or entrepreneurs looking to expand their portfolio. Continue operating a successful restaurant, lease the commercial space, or explore future opportunities permitted within the zoning.With over 4,300 sq. ft. of total space, a central location just off Highway 93, and three established income-producing units, this is a rare opportunity to acquire a landmark property.
Property facts & features
- Property type
- Commercial Retail
- MLS® number
- S14085944
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- 3
- Reported interior area
- 4352
- Neighbourhood
- Not provided
- Postal code
- L9M 1T4
- Garage
- None
- Lot depth (source units)
- 207.4
- Annual property tax
- 5500
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $749,900
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Penetanguishene →Listing brokerage: Keller Williams Experience Realty. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® S14085944. Information deemed reliable but not guaranteed.