101 Main Street

Penetanguishene, ON

MLS® 40615596

For sale
$1,650,000

In the heart of historic downtown Penetanguishene awaits an amazing opportunity to own a cash flowing asset with this 15 unit mixed use building. Featuring 14 fully tenanted residential units and situated on a large L-shaped lot, this 2 storey building features 2 main floor units, 2 step up units, 6 upstairs units, and 4 basement/half basement apartments. The building also features a sprawling, versatile commercial space fronting onto the main street which is newly renovated. The property has been well maintained and offers ample parking with dedicated spaces for a commercial tenant. All units feature electric baseboard heating, and tenants run their own air conditioning units in warmer months. Book your viewing today, and see what makes this property a great choice for any investor looking for a unique property in the area.
Property Details
Parking Total
19
Property Type
Residential
Community Features
City Lot
Highway Access
Hospital
Marina
Schools
Building
Appliances
Refrigerator
Stove
Basement Type
Partial
Partially Finished
Building Type
Multi Family
Cooling
Other
Construction Materials
Aluminum Siding
Heating
Baseboard
Electric
Roof
Flat
Membrane
Sewer
Sewer (Municipal)
Stories
2
Water Source
Municipal
Building Amenities
Other
Land
Lot Depth
168.93 ft
Lot Front
51.48 ft
Acres
< 0.5 Acres
Zoning
CG
Walk Score
Realty Executives On The Bay Inc. Brokerage
Forest Hill Real Estate Inc. Brokerage (Unit A)

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Not intended to solicit Sellers or Buyers currently under written contract with another REALTOR®. All measurements are approximate deemed to be from reliable sources, however buyer and buyer's agent to do their own due diligence. All information is deemed reliable but not guaranteed.

Listing ID: 151819070
Last Updated: 2024-07-08 04:09:18