Commercial Real Estate for Sale

The Subject Property Is A Landmark Building Located In The Heart Of Penetanguishene Downtown Core,Steps From Marinas & Town Docks, Restaurants, Shops & The Waterfront Rotary Park & Trails. Formerly Known As The Commodore Bar and Hotel, This Three-story Commercial Structure Occupies A Prominent Hilltop Location With Views Of Georgian Bay. The Building Features Approximately 16,000 SqFt Of Gross Building Area Across Multiple Levels. The Structure Is Of Historical Significance And Offers An Opportunity For The Right Investor To Renovate Or Redevelop. Zoning Allows For Commercial Retail & Servic eEstablishment, Restaurant, Bar, Entertainment Venue, Hotel, Boutique Accommodations, Mixed-use Development (Commercial Ground Floor W/ Multiple Dwelling Units Above), Professional Offices & Business Services. Future Renovations Or Redevelopment Will Need To Align W/ Penetanguishene's Community Design Manual. This Building Is Vacant & Ready For Your Own Vision.

A rare strategic acquisition for the savvy developer or land-banker! This massive 4.468-acre infill parcel is situated in the heart of Penetanguishene, surrounded by established residential neighborhoods. Uniquely positioned to offer suplimental cash flow, the property features a standalone 3 bedroom residence currently generating $2,360 per month in rental income-providing an excellent carry while you navigate the planning process.Currently zoned R1 and Deferred Development (D), these retained lands represent one of the last significant intensification opportunities within the Primary Settlement Area. With municipal services at the lot line and close proximity to the waterfront and downtown core, the potential for a multi-lot severance or residential project is immense (subject to Town approval). Secure a holding property today and build for tomorrow. Additionally, there is an unopened municipally owned road allowance bordering the west edge of the property. Seller has completed the following work related to the development of the property:-Initial planning consultation (May 2022)-Stage 1&2 Archaeological Assessment (December 2022)-Preliminary Site Plan (August 2023)-Environmental Impact Study (August 2023). Buyer to conduct their own due diligence regarding rezoning and future use.

This solid commercial building sits on a large corner lot in Penetanguishene and is zoned M1 (Industrial), offering a wide range of permitted uses. Located on an arterial road, the property provides excellent exposure and accessibility. This is a great opportunity to invest or establish your business in a growing waterfront community on Georgian Bay.

RARE AUTOMATIC TOUCH-LESS AND COIN OPERATED CAR WASH FOR SALE. This hands-off turn-key investment opportunity is in prime location on Main St. Income-generating property located in a high-traffic, high-visibility, high-demand area of Main St. A true investment with diverse uses and solid upside: runs 24/7 Automatic tunnel touch-less car wash, 4-Bay Coin Operated Self Car Wash with Vacuums on site and a Vending Machine. This property is a staple in the community offering many commercial revenue streams. The building was built in (2010) and is meticulously maintained. New Facilities Equipped With Modern Technologies Including Three Stage Chemical Separator.

Receivership Sale. Partially constructed 56-unit affordable seniors housing development known as "Sunshine Village," offered as is where is basis. Phase 1 lands zoned for 16 units with parking. Phase 2 intended for 40 units pending rezoning. Strategic location near services in Penetanguishene. Receiver may accept or reject any offer. All transactions subject to court approval and right of redemption. Bid date Febuary 6.

Top 5 Reasons You Will Love This Property: 1) This turn-key property offers a rare opportunity to own a completely updated commercial/residential building in a high-visibility location 2) Each unit has been fully renovated with brand-new appliances, kitchens, bathrooms, electrical, HVAC systems, flooring, and lighting, delivering stylish, comfortable living spaces 3) Ideal for small businesses, both commercial units have been thoughtfully upgraded for mobility access, with one already leased, providing immediate rental income 4) The buildings exterior has also been refreshed, including a new roof (2024), offering curb appeal and peace of mind with minimal upkeep required 5) Move-in or lease out with ease, residential units come mostly furnished, and immediate possession is available, with a total of 3,045 square feet. 3,045 above grade sq.ft.

Opportunity awaits on Main Street, Penetanguishene a rare mix-use property poised for immediate potential. This solid building offers flexible spaces: a ground-floor commercial unit ideal for retail, office, or service-based business, plus a bright, self-contained upper-level 2-bedroom apartment that is currently tenanted. Perfect for live-work use or a straightforward investment, the property provides separate hydro meters for each unit, helping you control costs from day one. The building is in good condition and competitively priced to move quickly, delivering outstanding value in todays market. Located on a high-visibility stretch of Main Street, you're just steps from shops, dining, and waterfront amenities, blending small-town charm with strong investment appeal. Don't miss this turnkey opportunity to own a versatile property in the heart of Penetanguishene."

98 Main Street, Penetanguishene - Prime Downtown Investment Opportunity! Located on a high-traffic corner in the heart of Penetang, this fully renovated commercial property offers endless potential. With approx. 1300 sq. ft. of street-level commercial space, this location is ideal for a variety of business ventures. The main storefront features hardwood floors, two bathrooms, and flexible space for retail, office, or service use. A rear area offers additional room for a lunchroom, storage, or expanded sales/retail area. Upstairs, you'll find a beautifully updated open-concept apartment, complete with a modern kitchen and living space, stylish 4-piece bathroom, and option of two bedrooms or second room as a home office area, plus a covered porch with views of stunning Georgian Bay. The entire building has been renovated from top to bottom, including a dry, full-height basement offering excellent storage, gas heating, central air, heat pump, and all appliances included. Zoned for a variety of commercial uses, refer to the local bylaw for details. With excellent visibility, walkability, and proximity to Penetang's waterfront, this is a rare opportunity in a thriving tourist destination.

Newly constructed 3 storey-18 unit apartment building in central Penetanguishene. Surplus land will permit up to additional 42 unit building with ability for quick approvals. Unit sizes existing building range from 570-926 sq ft with a total GFA of +/- 15,012 sq ft. Elevator and security system installed. Outdoor surface parking available. Schools, shopping and waterfront are all within a 15 minute walk or 3 minute drive. Full due diligence information is available upon receipt of a signed Confidentiality Agreement. Property is being sold by Court-Appointed Receiver on "as-is where-is" basis. Buyer to perform their own due diligence and verify all information.

Newly constructed 3 storey-18 unit apartment building in central Penetanguishene. Surplus land will permit an additional 3 storey-21 unit building with ability for quick approvals. Unit sizes range from 570-926 sq ft with a total GFA of +/- 15,012 sq ft. New elevator and security system installed. Outdoor surface parking available. Schools, shopping and waterfront are all within a 15 minute walk or 3 minute drive.

12,000 s.f. building currently a 23 room retirement home/rooming house. Seller has made application to rezone to residential to permit 16 units in main building plus sever the house on the property to permit 2 more units in house plus 2 garage buildings that may be able to be converted for residential. Retirement home operated for the past 20+ years. Currently Vacant. Built in 1962 with block and cement flooring with renovations most recently completed in 2023 included upgrades to plumbing and installation of a sprinkler system. Being sold with plans and zoning for multi res use, or can be run as retirement home still. Main building is 8600 sq. ft. with attached 2 unit duplex (House) 3400 sq. ft. Currently 25 private rooms in main building plus, living room, kitchen, multiple washrooms, office, laundry room. Attached house with 2 full additional living quarters, garage and shop buildings also on the property. Nicely situated on large lot overlooking Georgian Bay. Close to Village Square Mall, St Ann's Church, the Penetanguishene legion and the Main Street amenities.