1 SIMCOE Street Penetanguishene

1 SIMCOE Street, Penetanguishene

$729,900

3,217 Square Feet
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:47031)
  • Listing ID: 40659858
  • Property Type: Office
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Details

  • Amenities Nearby: Public Transit
  • Communication: High Speed Internet
  • Community Features: High Traffic Area
  • Features: Visual exposure
  • Ownership: Freehold
  • Transaction: For sale
  • Zoning Description: DW

Building

  • BasementType: Full
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Stone
  • Size Exterior: 3217.0000
  • Size Interior: 3217 sqft
  • Stories Total: 2
  • Utility Water: Municipal water

Land

  • Amenities: Public Transit
  • Sewer: Municipal sewage system
  • Size Frontage: 43 ft
  • Size Irregular: 0.045
  • Size Total: 0.045 ac|under 1/2 acre

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Listing provided by Keller Williams Experience Realty, Brokerage (255 King St)
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    This property for sale is located at 1 SIMCOE Street in Penetanguishene. It was last modified on October 9th, 2024. Contact the RJ Real Estate Group to schedule a viewing or to discover other Penetanguishene properties for sale.

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