101 Main Street, Penetanguishene, Ontario (MLS 40615596)

Commercial Mulit-Res

101 Main Street, Penetanguishene, ON

  • CA$1,650,000
  • 22 BEDS
  • 16 BATHS
  • 7,080 sq.ft. Home
  • CA$1,650,000

Key Facts

  • MLS® #: 40615596
  • Secondary MLS® #: S9013392
  • Property ID: SIRC1964093
  • Property Type: Commercial, Multiplex
  • Living Space: 7,080 sq.ft.
  • Bedrooms: 22
  • Bathrooms: 16
  • Parking Spaces: 19
  • Municipal Taxes: $21,324

Property Description

In the heart of historic downtown Penetanguishene awaits an amazing opportunity to own a cash flowing asset with this 15 unit mixed use building. Featuring 14 fully tenanted residential units and situated on a large L-shaped lot, this two storey building features two main floor units, two step up units, six upstairs units, and four basement/half basement apartments. The building also features a sprawling, versatile commercial space fronting onto the main street which is newly renovated. The property has been well maintained and offers ample parking with dedicated spaces for a commercial tenant. All units feature electric baseboard heating, and tenants run their own air conditioning units in warmer months. Book your viewing today, and see what makes this property a great choice for any investor looking for a unique property in the area.

Amenities

  • Bay
  • Laundry
  • Parking

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Location

101 Main Street, Penetanguishene, Ontario, L9M 1S9 Canada

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Area Description

Penetanguishene is a lovely community on the shores of Georgian Bay adjacent to Midland. This community is growing as the prices are affordable and is attracting development.

Marketed By

Sotheby’s International Realty Canada
243 Hurontario Street
Collingwood, Ontario, L9Y 2M1

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