98 MAIN Street, Penetanguishene, ON Image 1

$689,000

$750,000
8.1% dropped

Last price change Mar 21

Store W Apt/Office For Sale
MLS - #S11985839
Mar 21- By Sotheby's International Realty Canada

98 MAIN Street, Penetanguishene, ON L9M 1T5

1 Bed
3 Bath
None Garage

Property Description

Property type

Store W Apt/Office

Lot size

N/A

Style

2-Storey

Approx. Area

N/A Sqft

Room Information

Room TypeDimension (length x width)FeaturesLevel
Living Room7.59 x 5.38 mVaulted Ceiling(s), LaminateSecond
Kitchen5.38 x 4.09 mVaulted Ceiling(s), B/I Dishwasher, LaminateSecond
Office3.5 x 2 mLaminate, Vaulted Ceiling(s)Second
Bedroom4.06 x 4.01 mSemi Ensuite, Laminate, W/O To PorchSecond

About 98 MAIN Street

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.

Home Overview

Last updated

Mar 21

Virtual tour

None

Basement information

Development Potential, Partially Finished

Building size

--

Status

In-Active

Property sub type

Store W Apt/Office

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:Development Potential, Partially Finished
Cooling:Wall Unit(s)
Heating:Heat Pump
Parking Features:None
0
Similar Homes Found
$0
Average Price
68900000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Walking Icon

Walk Score for 98 MAIN Street

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$2631.51/ month
$551,200 Principal and Interest

Some information about this property - MAIN Street

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