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$1,150,000
Available - For Sale
Listing ID: S11973348
A rare chance to own a versatile, income-generating property in the heart of Penetanguishene! Home to Captain Ken's Diner & Pub, a beloved local landmark operating since 1976. The main floor features a fully equipped, turnkey restaurant space, known for its high visibility, steady foot traffic, welcoming atmosphere, and loyal customer base. Above the restaurant, the second floor offers two large, 3-bedroom, 1-bath apartments, both currently tenanted providing reliable rental income. Highlighted by a deck/patio off the back unit. With prime Main Street frontage, on-site parking (5-6 cars), and flexible DW zoning, this property is ideal for restaurateurs, investors, or entrepreneurs. Whether you continue its long-standing tradition or bring your own vision, this is a rare chance to own a piece of Penetanguishene's history. Don't miss this incredible opportunity!
Price $1,150,000
Taxes: $5,031
Tax Type: Annual
Assessment: $242000
Assessment Year: 2024
Occupancy by: Tenant
Address: 70 Main St , Penetanguishene, L9M 1T4, Ontario
Postal Code: L9M 1T4
Province/State: Ontario
Legal Description: PT LT 9 N/S ROBERT ST, 10 N/S ROBERT ST
Lot Size: 31 x 207.4 (Feet)
Directions/Cross Streets: Hwy 93, Turn to Main St., on the left just passed Robert St
Zoning: DW
Category: Multi-Use
Building Percentage: Y
Total Area: 4,352
Total Area Code:  Sq Ft
Office/Appartment Area: 2318
Office/Appartment Area Code: Sq Ft
Retail Area: 2034
Retail Area Code: Sq Ft
Approximatly Age: 100+
Days Open: 5
LLBO: Y
Sprinklers: Y
Heat Type: Baseboard
Central Air Conditioning: Y
Elevator Lift: None
Water: Municipal
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Keller Williams Co-Elevation Realty, Brokerage

70 Main St , Penetanguishene, L9M 1T4, Ontario


 
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Type: Com - Commercial/Retail
Area: Simcoe
Municipality: Penetanguishene
Neighbourhood: Penetanguishene
Style:
Lot Size: 31.00 x 207.40(Feet)
Approximate Age: 100+
Tax: $5,031
Maintenance Fee: $0
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Baths: 3
Garage: 0
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