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$689,000
Available - For Sale
Listing ID: S11985839
98 MAIN Stre , Penetanguishene, L9M 1T5, Simcoe


Location, Location, Location! Situated at the busiest intersection in the heart of downtown Penetanguishene. Live and work in the same building or purchase as an excellent investment opportunity. The property has a beautifully renovated, self-contained one-bedroom apartment that sits above a commercial space, accessible via separate entrances from both the main street and the rear. This apartment can be isolated from or combined with the commercial area, depending on your needs. The open concept apartment features high ceilings, appliances, a separate room ideal for an office or storage, and a spacious bedroom with access to a covered porch with views of Georgian Bay. The modern 4-piece bathroom has ample storage and laundry facilities. The property boasts constant exposure to both vehicular and pedestrian traffic right at your door. The 1,300 sq/ft main floor commercial space offers soaring 11-foot ceilings and features a charming mix of hardwood floors, exposed brick, and drywall, providing a versatile aesthetic suitable for many business types. Also includes two washrooms, a spacious area perfect for additional commercial space or a staff lunchroom and at the rear, a third large room offers flexibility as either office or retail space. Zoned (DW) Downtown Waterfront Commercial, this versatile zoning allows for numerous potential uses including, but not limited to, an Art Gallery, Child Care, Fitness Centre, Financial Institution, Library, Medical Clinic, Office Space, Restaurant, Retail Store, or Veterinary Clinic. Please refer to the zoning by-law. A large, high, and dry basement provides ample storage space or additional commercial area, for even more flexibility. The property has been fully updated with new electrical, plumbing, and fire safety systems, ensuring a safe and modern environment for any business. Penetanguishene is a bustling tourist town on the shores of Georgian Bay, offering a vibrant community with numerous restaurants and attractions.
Price $689,000
Taxes: $4079.58
Assessment Year: 2024
Occupancy: Vacant
Address: 98 MAIN Stre , Penetanguishene, L9M 1T5, Simcoe
Directions/Cross Streets: Main Street and Robert Street in Penetanguishene. Park on street. Located at intersection of Robert
Rooms: 6
Bedrooms: 1
Bedrooms +: 0
Family Room: F
Basement: Development , Partially Fi
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Second Living Ro 24.9 17.65 Vaulted Ceiling(s), Laminate
Room 2 Second Kitchen 17.65 13.42 Vaulted Ceiling(s), B/I Dishwasher, Laminate
Room 3 Second Office 11.48 6.56 Laminate, Vaulted Ceiling(s)
Room 4 Second Bedroom 13.32 13.15 Semi Ensuite, Laminate, W/O To Porch
Room 5 Second Bathroom 10.82 8.23 4 Pc Bath, Combined w/Laundry, Laminate
Room 6 Ground Office 34.67 21.91 Hardwood Floor
Room 7 Ground Office 20.5 17.32 Hardwood Floor
Room 8 Ground Office 16.99 14.99 Laminate, W/O To Patio
Room 9 Ground Bathroom 4.99 4.17 2 Pc Bath, Vinyl Floor
Room 10 Ground Bathroom 4.99 4.17 2 Pc Bath, Vinyl Floor
Washroom Type No. of Pieces Level
Washroom Type 1 3 Second
Washroom Type 2 2 Ground
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 3 Second
Washroom Type 7 2 Ground
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Total Area: 0.00
Approximatly Age: 51-99
Property Type: Store W Apt/Office
Style: 2-Storey
Exterior: Brick, Wood
Garage Type: None
(Parking/)Drive: None
Drive Parking Spaces: 0
Park #1
Parking Type: None
Park #2
Parking Type: None
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 2500-3000
Property Features: Lake/Pond, Library
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Heat Pump
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Water: None
Water Supply Types: None
Utilities-Cable: Y
Utilities-Hydro: Y
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Down Payment $ $ $ $
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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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.
Sotheby's International Realty Canada
Personal Picture
Shawn Syed, AMP
Broker
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416-786-7848
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(416) 494-7653
Fax:
1 866 229 3159
 
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At a Glance:
Type: Freehold - Store W Apt/Office
Area: Simcoe
Municipality: Penetanguishene
Neighbourhood: Penetanguishene
Style: 2-Storey
Lot Size: x 77.00(Feet)
Approximate Age: 51-99
Tax: $4,079.58
Maintenance Fee: $0
Beds: 1
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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