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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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