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59 MAIN Street Penetanguishene

59 MAIN Street, Penetanguishene

$1,500,000

$200,000 VTB AVAILABLE OAC. This hidden treasure in the up and coming historical town of Penetanguishene is being offered to the savvy investor! Known as Ontario's premiere year round playground, this commercial gold mine of opportunity is located downtown with views of Georgian Bay, steps to marinas and town docks, restaurants, shops and the waterfront Rotary Park and trails. A solid building, once known as The Commodore Hotel and Bar is ready for something new! So many possibilities here! Retreat, restaurant, apartments, boutique hotel, banquet hall with 3 levels, art gallery / mall, outdoor rooftop patio space and the possibility to build 13.5 feet higher to add another level of views of the harbour. Pictures show actual and concept possibilities. The buyer, at the buyers own expense, can hire the same architect to design something different. This building is vacant and the Town of Penetanguishene would love to see it thriving again! (id:45568)
  • Listing ID: 40496308
  • Property Type: Office
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Details

  • Community Features: High Traffic Area
  • Features: Visual exposure
  • Ownership: Freehold
  • Transaction: For sale
  • Zoning Description: CG

Building

  • BasementType: Full
  • Fireplace Present: False
  • Size Exterior: 16000.0000
  • Stories Total: 3
  • Utility Water: Municipal water

Land

  • Sewer: Municipal sewage system
  • Size Frontage: 90 ft
  • Size Irregular: 0.186
  • Size Total: 0.186 ac|under 1/2 acre

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    This property for sale located at 59 MAIN Street in Penetanguishene was last modified on November 15th 2023. Contact Paul Casey today and schedule a viewing or subscribe to other properties for sale in Penetanguishene.

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