59 MAIN Street , Penetanguishene

Bed / $1,050,000 / MLS® Listing #:40412127

  • Listing 40412127 - Thumbmnail Photo # 1
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$200,000 VTB MAY BE AVAILABLE OAC. Vendor is motivated to sell!! This hidden treasure in the up and coming historical town of Penetanguishene is being offered to the savvy investor at an asking price that's sure to capture attention far and wide! Known as Ontario's premiere year round playground, this commercial gold mine of opportunity is located downtown with views of Georgian Bay, steps to marinas and town docks, restaurants, shops and the waterfront Rotary Park and trails. A solid building, once known as The Commodore Hotel and Bar is cleaned up, gutted and ready for something new! So many possibilities here! Retreat, restaurant, apartments, boutique hotel, banquet hall with 3 levels, art gallery / mall, outdoor rooftop patio space and the possibility to build 13.5 feet higher to add another level of views of harbour. Pictures show actual and concept possibilities. The buyer, at the buyers own expense, can hire the same architect to design something different. This building is vacant and the Town of Penetanguishene would love to see it thriving again! (id:10452)

Property Details

Property Type Other
Square Feet
Maintenance N/A
Days On Our Website 150
Basement Unfinished - Full (Unfinished)
Lot Dimensions 0.186 ac
Pool N/A
Area Penetanguishene
Air Conditioning None
Heating - No heat
Sewers Municipal sewage system
Water Municipal water

Listing Office: Revel Realty Inc., Brokerage (Tiny)

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