$689,777
Available - For Sale
Listing ID: S12247082
98 MAIN Stre , Penetanguishene, L9M 1T5, Simcoe


98 Main Street, Penetanguishene - Prime Downtown Investment Opportunity! Located on a high-traffic corner in the heart of Penetang, this fully renovated commercial property offers endless potential. With approx. 1300 sq. ft. of street-level commercial space, this location is ideal for a variety of business ventures. The main storefront features hardwood floors, two bathrooms, and flexible space for retail, office, or service use. A rear area offers additional room for a lunchroom, storage, or expanded sales/retail area. Upstairs, you'll find a beautifully updated open-concept apartment, complete with a modern kitchen and living space, stylish 4-piece bathroom, and option of two bedrooms or second room as a home office area, plus a covered porch with views of stunning Georgian Bay. The entire building has been renovated from top to bottom, including a dry, full-height basement offering excellent storage, gas heating, central air, heat pump, and all appliances included. Zoned for a variety of commercial uses, refer to the local bylaw for details. With excellent visibility, walkability, and proximity to Penetang's waterfront, this is a rare opportunity in a thriving tourist destination.
Price $689,777
Taxes: $4100.00
Tax Type: Annual
Assessment Year: 2025
Occupancy: Owner
Address: 98 MAIN Stre , Penetanguishene, L9M 1T5, Simcoe
Postal Code: L9M 1T5
Province/State: Simcoe
Legal Description: PT LT 1 S/S ROBERT ST PL 9 PENETANGUISHE
Directions/Cross Streets: Main Street
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
Category: Store With Apt/Office
Building Percentage: F
Total Area: 2600.00
Total Area Code:  Square Feet
Office/Appartment Area: 950
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit   Recreation/Comm
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Sprinklers: No
Washrooms: 3
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 $ $ $ $

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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.
RE/MAX Georgian Bay Realty Ltd
Personal Picture
HARMOHAN JIT SINGH
Sales Representative
Dir:
(416) 884 7486
Bus:
(905) 793 7797
Fax:
(905) 593 2619
 
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At a Glance:
Type: Com - Store W Apt/Office
Area: Simcoe
Municipality: Penetanguishene
Neighbourhood: Penetanguishene
Style:
Lot Size: x 77.00(Feet)
Approximate Age:
Tax: $4,100
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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