1 Simcoe Street Penetanguishene, Ontario L9M 1V2
MLS# S10435687 - Buy this house, and I'll buy Yours*

$729,900

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! (id:51158)

Property Details

MLS® Number	S10435687
Property Type	Business
Community Name	Penetanguishene
Amenities Near By	Public Transit

About 1 Simcoe Street, Penetanguishene, Ontario

This For sale Property is located at 1 Simcoe Street Business set in the community of Penetanguishene, in the City of Penetanguishene. Nearby amenities include - Public Transit Business bedroom(s), bath(s) . 1 Simcoe Street heating . This house features a Fireplace.

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This Penetanguishene's exterior is finished with Brick

The Current price for the property located at 1 Simcoe Street, Penetanguishene is $729,900 and was listed on MLS on :2024-12-03 22:02:44

Building

Basement Type	Full
Exterior Finish	Brick
Foundation Type	Stone
Size Interior	3217 Sqft
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Public Transit
Sewer	Sanitary Sewer
Size Frontage	43 Ft
Size Irregular	Unit=43 Acre
Size Total Text	Unit=43 Acre|under 1/2 Acre
Zoning Description	Dw

https://www.realtor.ca/real-estate/27518890/1-simcoe-street-penetanguishene-penetanguishene