70 Main Street, Penetanguishene, ON Penetanguishene

$799,900
SKU:S13657786
Property type:Commercial & Residential
Area (Sq Ft)
4352
Bedrooms
6
Bathrooms
5

The space

  • Property Type : Retail
  • Community Name : Penetanguishene
  • Age Of Building : 100+ years
  • Total Parking Spaces : 6
  • Cooling : Fully air conditioned
  • Heating Type : Baseboard heaters
  • Water : Municipal water
  • Business Name : Captain Ken's
  • Frontage : 31 ft
  • Land Depth : 207 ft, 4 in
  • Zoning Description : DW

Description

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.

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Contact the Agent

Brian Huma

Sales Representative
Cell Phone, Text Or Call
705 209 9500
Office Number
705 209 3095
Brokerage Office
705 720 2200
Meet Brian Born and raised in the picturesque town of Penetanguishene, Brian remains deeply rooted, living minutes from the serene Georgian Bay. Memories of biking around town with friends, blend seamlessly with present-day moments of enjoying nature walks, podcast in ear, through the local parks. The charm of Simcoe County has always held a special place in Brian’s heart, and today, his mission is to share this love with others. Whether you’re discovering the beauty of the area for the first time or reconnecting with cherished memories, Brian has a unique talent for resonating with every client’s individual relationship to the place. From a young age, Brian was drawn to the world of property investment. Curiosity led to questions, and family wisdom fostered a growing passion. Today, Brian brings this keen interest to every interaction, guiding clients through the myriad possibilities of the property world, be it for a home,…