PROPERTY DETAILS

1 Simcoe Street, Penetanguishene, Ontario L9M 1V2

$729,900

MLS: 40659858

Exciting Investment Opportunity Available for Immediate Acquisition and Move-In! Located on the charming historic Main Street in downtown Penetanguishene, this well-maintained three-unit corner building boasts high ceilings and original features as well as character from its original use. Positioned centrally in town, it offers excellent visibility for a variety of businesses, while the upper residential unit offers convenience of location to multiple in-town amenities. All units are currently vacant and available for new tenants at market rates, allowing you to maximize your investment by selecting your tenants and revenue; or to capitalize on an ideal live-work opportunity for you and your business. Unit A features a spacious open-concept commercial area on the main level, complete with a separate office and a dry, full-height basement for storage, along with a bathroom. Unit B includes two large rooms, two basement storage areas, and a bathroom, ensuring great visibility from Main Street for both commercial units. Unit “C” has been transformed into a generous 2-bedroom, 2-bath apartment expanding through the entire floor. Featuring high ceilings, original hardwood floors and a large living area with a gas fireplace. Natural light floods the space with windows on all sides of this expansive apartment. There’s also potential to redevelop the space into two separate units, to significantly boost rental income.Don’t let this unique opportunity to own a remarkable building in a lovely small-town environment pass you by! (id:35412)

VIRTUAL TOUR
CONTACT US FOR MORE INFORMATION

Name(Required)
SNAPSHOT
Ownership Type Freehold
Property Type Office
Square Footage Finished 3217 sqft
Waterfront No
Lot Size 0.045 ac|under 1/2 acre
Lot Frontage 43 ft
Area Schools No
BUILDING DETAILS
Fireplace No
Foundation Stone
Exterior Finish Brick
Garage -
Water Type Municipal water
Sewage Municipal sewage system
Services Visual exposure
LAND
Lot Size 0.045 ac|under 1/2 acre
Zoning DW

https://www.realtor.ca/real-estate/27518890/1-simcoe-street-penetanguishene

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)


October 09 2024 07:01:15

Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®

Keller Williams Experience Realty, Brokerage (255 King St), Keller Williams Experience Realty, Brokerage (Barrie Unit 1b)

RealtyPress WordPress CREA DDF® Plugin