1 Simcoe St, Penetanguishene, L9M 1V2

Listing Overview

Description

Exceptional Historic Mixed-Use Investment Opportunity in the Heart of Downtown Penetanguishene! Located on a prominent corner along historic Main Street, this character-rich, well-maintained building offers three vacant units ready for immediate occupancy ideal for investors, business owners, or live-work buyers looking to make their mark in a vibrant small-town setting. This property offers outstanding visibility, foot traffic, and flexibility for various business types. The main-level features two commercial units: Unit A: Bright open-concept space with a private office, bathroom, and full-height dry basement perfect for retail or professional use. Unit B: Two large rooms with great Main Street exposure, plus two basement storage areas and a bathroom. Upstairs, Unit C spans the entire top floor a spacious 2-bedroom, 2-bath residential apartment showcasing soaring ceilings, original hardwood floors, a cozy gas fireplace, and natural light from windows on all sides. The layout offers future potential to split into two separate units, significantly enhancing rental income.All units are vacant, giving you the freedom to set market rents, hand-pick tenants, or explore a live-work arrangement. Whether you're looking to invest, relocate your business, or enjoy rental income in a thriving community, this is an opportunity you don't want to miss.Own a piece of Penetanguishene's charm steps to the waterfront, shops, and key amenities!

78 days

On Market

Store W/Apt/Office

Property Type

$5,069 / Year

Est. Taxes

Store With Apt/Office

Style

-

Business Type

N

Franchise