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$689,000
Available - For Sale
Listing ID: S10439625
98 MAIN Street , Penetanguishene, L9M 1T5, Simcoe


Location, Location, Location! Situated at the busiest intersection in the heart of downtown Penetanguishene, this prime commercial property boasts constant exposure to both vehicular and pedestrian traffic right at your door. The 1,300 sq/ft main floor commercial space offers soaring 11-foot ceilings and features a charming mix of hardwood floors, exposed brick, and drywall, providing a versatile aesthetic suitable for many business types. Also includes two washrooms, a spacious area perfect for additional commercial space or a staff lunchroom and at the rear, a third large room offers flexibility as either office or retail space. Zoned (DW) Downtown and Waterfront Commercial, this versatile zoning allows for numerous potential uses including, but not limited to, an Art Gallery, Child Care, Fitness Centre, Financial Institution, Library, Medical Clinic, Office Space, Restaurant, Retail Store, or Veterinary Clinic. Please refer to the zoning by-law. A large, high, and dry basement provides ample storage space or additional commercial area, for even more flexibility. A beautifully renovated, self-contained one-bedroom apartment sits above the commercial space, accessible via separate entrances from both the main street and the rear. This apartment can be isolated from or combined with the commercial area, depending on your needs. The open concept apartment features high ceilings, appliances, a separate room ideal for an office or storage, and a spacious bedroom with access to a covered porch with views of Georgian Bay. The modern 4-piece bathroom has ample storage and laundry facilities. The property has been fully updated with new electrical, plumbing, and fire safety systems, ensuring a safe and modern environment for any business. Penetanguishene is a bustling tourist town on the shores of Georgian Bay, offering a vibrant community with numerous restaurants and attractions. There's always something to do and see, ensuring a steady flow of locals and tourists alike.
Price $689,000
Taxes: $4079.58
Tax Type: Annual
Assessment: $211000
Assessment Year: 2024
Occupancy: Vacant
Address: 98 MAIN Street , Penetanguishene, L9M 1T5, Simcoe
Postal Code: L9M 1T5
Province/State: Simcoe
Legal Description: PT LT 1 S/S ROBERT ST PL 9 PENETANGUISHE
Lot Size: 23.00 x 77.00 (Feet)
Directions/Cross Streets: Highway 93 north to Main Street in Penetanguishene. Park on street. Located at intersection of Rober
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Store With Apt/Office
Building Percentage: F
Total Area: 2670.00
Total Area Code:  Square Feet
Office/Appartment Area: 952
Office/Appartment Area Code: Sq Ft
Retail Area: 1317
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: F
Franchise: F
Hours Open: vacant
Employees #: 0
Seats: 0
LLBO: N
 Heat Expenses: $2321
 Hydro Expense:  $2809
Water Expense: $802
Year Expenses: 5933
Expenses Actual/Estimated: $Est
Sprinklers: No
Washrooms: 2
Outside Storage: F
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Sotheby's International Realty Canada, Brokerage (Collingwoo
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At a Glance:
Type: Com - Store W Apt/Office
Area: Simcoe
Municipality: Penetanguishene
Neighbourhood: Penetanguishene
Style:
Lot Size: 23.00 x 77.00(Feet)
Approximate Age:
Tax: $4,079.58
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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