For Sale

70 Main Street, Penetanguishene, Ontario L9M1T4

$1,150,000

70 Main Street, Penetanguishene, Ontario L9M1T4 is For Sale and has a listing price of 1,150,000. The property is located in the Penetanguishene neighbourhood. It's been on the website for 16 Days.

  • Retail
    Property Type
  • 3
    Bathrooms
  • 6
    Parking Spaces
  • MLS ID: S11973348
  • Office Name Keller Williams Co-Elevation Realty, Brokerage,Kel
Property Description

A rare chance to own a versatile, income-generating property in the heart of Penetanguishene! Home to Captain Ken’s Diner & Pub, a beloved local landmark operating since 1976. The main floor features a fully equipped, turnkey restaurant space, known for its high visibility, steady foot traffic, welcoming atmosphere, and loyal customer base. Above the restaurant, the second floor offers two large, 3-bedroom, 1-bath apartments, both currently tenanted providing reliable rental income. Highlighted by a deck/patio off the back unit. With prime Main Street frontage, on-site parking (5-6 cars), and flexible DW zoning, this property is ideal for restaurateurs, investors, or entrepreneurs. Whether you continue its long-standing tradition or bring your own vision, this is a rare chance to own a piece of Penetanguishene’s history. Don’t miss this incredible opportunity! (id:43137)

Property Details
  • MLS ID: S11973348
  • Bathrooms: 3
  • Price: $1,150,000
  • Transaction Types: For Sale
  • Ref ID: 27916780
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
02/14/2025 S11973348 $1,150,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Penetanguishene
  • $795,858 Average List Price
    based on 1 year
  • 15 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 166.79 % Up
  • Sold (12mo) 91
  • Rented (12mo) 12

  • 1 Month Change -3.2%
  • 3 Month Change -9.2%
  • 6 Month Change -7.0%
Walkscore
Property Type Distribution
  • All Houses
    83.13%
  • Commercial
    10.19%
  • Condo
    4.83%
  • Land for Sale
    1.85%
Additional Details
  • Heating System Baseboard Heaters
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Total Parking Spaces: 6
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 14/02/2025 00:00:00
  • Zoning Residential Three Exception 4 (r3-s4)
  • Agent Name: LORRAINE JORDAN,ADAM JORDAN
  • Last Updated: 14/02/2025 18:28:39
Open House Dates
Want to see this property?