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79 Main Street Image 1

$799,000

Feb 12Commercial Retail For Sale
bedroomsbed
washrooms0bath
MLS - #S11969608

79 Main Street, Penetanguishene, ON L9M 1S8

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Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

N/A

About 79 Main Street

79 & 81 Main Street - Fully tenanted - Located on one of the most desirable areas in the downtown core, this commercial/residential building is bursting with potential. Just steps to shopping, restaurants, services & waterfront. Currently CG-7 zoning, (DW zoning in 2023) allows for a wide variety of commercial/residential uses. A spacious main floor plan offers 2 separate open concept commercial spaces. The main floor interior is renovated, maintained & upgraded with modern decor; featuring Pot lights, gorgeous flooring, exposed brick walls and finishes from the original construction era. The exterior is low maintenance brick & sleek large commercial grade signage. This comprehensive CG-7/DW Zoning & site offers many development options to expand the commercial space or add on multi-residential units. Plenty of room to build out an additional residential unit in the back of the main floor. The second floor boasts two large apartments. The back unit currently offers one bedroom plus TWO dens. The front apartment with views of Georgian Bay is a one bedroom, with den & laundry. Both units with large Skylights. The basement is partially finished with tons of storage space or create another unit. This building is the perfect spot for a retailer, hotel, restaurant, lawyer, accountant, doctor, therapist, realtor, or entrepreneur looking for a well-presented office in the downtown core with endless opportunities with ongoing business development & improvements nearby. Please note this town has a Community Improvement Plan

Home Overview

Last updated

Feb 12

Virtual tour

None

Basement information

Building size

4323

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

2025

Listed by ROYAL LEPAGE FIRST CONTACT REALTY

Additional Details

Basement:N/A
Cooling:Yes
Heating:Other
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 79 Main Street

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