Penetanguishene, ON L9M 1S9,101 Main Street
Penetanguishene, ON L9M 1S9,101 Main Street
Penetanguishene, ON L9M 1S9,101 Main Street
$1,475,000
Est. payment /mo
$1,650,000
10.6%
Est.Price: ?

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7,080 SqFt
SOLD DATE : 10/07/2024

Key Details

Sold Price $1,475,000

Property Type Commercial

Sub Type Mixed,Building and Land

Listing Status Sold

Purchase Type For Sale

Square Footage 7,080 sqft

Price per Sqft $208

MLS Listing ID 40615086

Year Built 1968

Annual Tax Amount $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 2 storey building features 2 main floor units, 2 step up units, 6 upstairs units, and 4 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.

Location

Province ON

County Simcoe County

Area Penetanguishene

Zoning CG

Rooms

Kitchen 0

Exterior

Exterior Feature Storage

Garage Concrete

Utilities Available Electricity Connected, Garbage/Sanitary Collection, Recycling Pickup, Phone Connected

Waterfront No

Building

Lot Description City Lot, Highway Access, Hospital, Marina, Schools

Story 2

Foundation Concrete Block, Stone

Sewer Sewer (Municipal)

Water Municipal

Structure Type Aluminum Siding

New Construction No

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Listed by Sotheby's International Realty Canada, Brokerage (A)

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