59 Main Street Penetanguishene, Ontario L9M 1S8
$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:51210)
Property Details
| MLS® Number | 40496308 |
| Property Type | Office |
| Community Features | High Traffic Area |
| Features | Visual Exposure |
Building
| Basement Type | Full |
| Stories Total | 3 |
| Size Exterior | 16000.0000 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 90 Ft |
| Size Irregular | 0.186 |
| Size Total | 0.186 Ac|under 1/2 Acre |
| Size Total Text | 0.186 Ac|under 1/2 Acre |
| Zoning Description | Cg |
https://www.realtor.ca/real-estate/26144279/59-main-street-penetanguishene
Interested?
Contact us for more information
Danielle Dorion
Broker
(905) 357-1705
www.georgianbaydreamteam.com/
www.facebook.com/pages/GeorgianBayDreamTeam/164358503581691
twitter.com/GBDreamTeam
520 Cedar Point Rd
Tiny, Ontario L9M 0H1
(705) 533-0303
(905) 357-1705
www.revelrealty.ca/
Vanya Gluhic
Broker
(905) 357-1705
www.georgianbaydreamteam.com/
www.facebook.com/georgianbaydreamteam
https://www.instagram.com/georgianbaydreamteam/
520a Cedar Point Road
Tiny, Ontario L9M 0H1
(705) 533-0303
(905) 357-1705
www.revelrealty.ca
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®)
November 15 2023 03:23:36
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
Revel Realty Inc., Brokerage (Tiny), Revel Realty Inc., Brokerage (Unit A)
