Penetanguishene Commercial Real Estate for Sale

A perfect RE opportunity at 106 Robert St. W in the vibrant community of Penetanguishene, ON. The property is under Power of Sale, with an eager lender keen on a swift transaction. Situated on a bustling artery, the property enjoys exceptional visibility and exposure. Given its Neighbourhood Commercial zoning, it's an ideal location for a wide array of businesses, . It's essential to note that while the property currently hosts residential units, the township has issued a work order due to the absence of proper permits and rezoning procedures for one of the units. However, this presents an opportunity for the savvy investor to rectify the situation and unlock the property's full potential.The property is currently configured as two residential units, complemented by an oversized two-car garage. One residential unit stands vacant, eagerly awaiting the creative vision of its new owner, while the other unit is currently tenanted. The oversized garage, can also be converted into an income generating opportunity for the new owner. Historically, this property has served as a hub for commercial activities, housing a restaurant within the garage and a retail store. This rich history underscores its commercial viability and potential for lucrative ventures. The new owner can look beyond a restaurant or retail store front: given its zoning and layout, the property presents an excellent prospect for child care providers. Or maybe the new owner can look to capitalize on the demand for wellness and self-care and open a salon or spa. This property is priced VERY competitively and represents an exceptional investment opportunity for entrepreneurial minded individuals. With the potential to reconfigure the space to align with zoning regulations and capitalize on its prime location, investors stand to reap substantial rewards from this promising venture. Don't miss out, seize this opportunity today and unlock the limitless potential of this prime commercial real estate gem.

Professionally managed 6-unit property, all but unit 2 at market rent. Unit 1 is occupied by owner potential rent at $2200. Lake views nestled in the heart of town with easy access to all amenities. Approx. annual gross Income of $122,400 makes this an attractive opportunity for any investor. Units include 1-Huge 3 Bed Unit with basement, 1x2 Bed Unit, and 4x1 Bed units, each unit with its own hydro panel. Unit 1 has a new f/a furnace, S/S appliances, and washer/dryer. Units 2-6 are baseboard heated and all water heaters are owned. New metal roof, windows and deck in 2021 + cameras installed (as is). Ample parking spaces for 7-10 vehicles. Financials available upon request.

2 For The Price Of 1! Terrific Investment Opportunity. 2 Lots Being Sold Together - 1 Building With 3 Residential Tenanted Units And 1 Commercial Retail Space With Basement And 2 Parking Spaces At The Rear Of The Building. Lot Beside Is Vacant And Was Used For Parking For The Taxi Business Being Run From The Retail Space, Also Zoned CG. Parking Is A PREMIUM In Downtown Penetanguishene - Take Advantage Of This Opportunity! ** Sq. Ft. Measurements Are Exterior, Not Interior. **

Developers and builders. 2.91 Ac Development property for sale in Penetanguishene. Right beside an existing neighbourhood with water and sewer services. Designated Development, the studies have been completed and the Town has a file on the property. Density to be determined by you subject to final approval by the planning dept. Present sketch shows potential 18 lots of single family homes. Land is high and dry and treed. Some of the premium lots back onto a forested ravine. This is your opportunity to develop a small parcel and minimize risk. No HST.

Embark on a unique ownership opportunity with Cafe Kittyhawk, an esteemed gourmet coffee haven captivating locals and tourists for over a decade. Ideally located steps from the Marina and Main Street, this cafe guarantees both accessibility and visibility. With a solid legacy, diverse revenue streams from souvenir and craft sales, along with seamless transition support from the seller, Cafe Kittyhawk offers the chance to take over a reputable establishment with a loyal customer base. Don't miss out on making this charming cafe your own and exploring its untapped potential.

Incredible Investment Opportunity Ready For Immediate Possession. Conveniently Located In Historic Downtown Penetanguishene, This Clean Three-Unit Building Off Main Street Still Has Its High Ceilings And 20th Century Charm. Both Main Level Units Offer A Large Commercial Space With An Additional Full-Height Basement (Dry) For Storage, A Bathroom And Great Visibility From Main Street. The Upper Level Of The Building, Previously Configured As Two Separate Residential Units, Has Been Opened Up Into One Large 2-Bed/2-Bath Apartment Space. Potential Of Redeveloping The Second Unit Would Be A Great Way To Increase Revenues. All Units In The Building Are Currently Vacant And Ready For Tenants To Move In At Market Rents, With Estimated Potential Rents Of Over $5100/M As Is - Or More If A Fourth Unit Is Created. This Is Also A Great Opportunity To Open A Business And Live Where You Work, While Still Capitalizing On Some Rental Income. Don't Miss This Excellent Opportunity To Invest.