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70 Main Street
Penetanguishene Simcoe L9M 1T4

$1,150,000 /For Sale
Commercial

Main Photo: 70 Main Street in Simcoe: Penetanguishene Commercial for sale : MLS®# S11973348
Photo 1: 70 Main Street in Simcoe: Penetanguishene Commercial for sale : MLS®# S11973348
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
S11973348
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!
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Approx. Age:
100+
Total Area:
4352 sq. ft. Square Feet
Total Area:
4,352 sq. ft.
Retail Area:
2034 sq. ft. Sq Ft
Office/Apt Area:
2318 sq. ft. Sq Ft
Depth:
207'5"
Frontage:
31'
Lot Shape:
Rectangular
Bathrooms:
3.0
Water supply:
Municipal
Zoning:
DW
Heating type:
Baseboard
Survey Available:
No
Garage:
None
Parking Spaces:
6
Possession Details:
Flexible
Lot Irregularities:
37.95ft x 207.31ft x 40.69ft x 207.04
HST Applicable To Sale Price:
In Addition To
Assessment:
$242,000
Assessment Year:
2024
Type Taxes:
Annual
Taxes:
$5,031 / 2024
Assessment:
$242,000.00 / 2024
Penetanguishene
Penetanguishene
Simcoe
Yes
None
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Multi-Use
Days Open:
Open 5 Days
LLBO:
Yes
Date Listed:
Feb 14, 2025
Original Price:
$1,150,000
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Listed by Keller Williams Co-Elevation Realty, Brokerage
Data was last updated February 26, 2025 at 04:15 AM (UTC)
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