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Home ON Greater Midland Penetanguishene
101 MAIN Street
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101 MAIN Street $1,650,000
4 days ago
$1,650,000
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101 MAIN Street
Penetanguishene, Ontario L9M1S9

MLS® Number: 40615596
0
Bedrooms
0
Bathrooms
7080
Square Feet

Listing Description

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. (67746009)

Location Description

Take HWY 93 into Penetanguishene and continue on Main Street. Property is on the right hand side of Main immediately before the lights at Robert Street intersection.

Property Summary

Property Type
Multi-family
Storeys
2
Square Footage
7080 sqft
Subdivision Name
PE01 - East of Main Street
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$21,324
Total Parking Spaces
19
Time on REALTOR.ca
4 days

Building

Bathrooms
Total
0
Interior Features
Basement Type
Partial (Partially finished)
Building Features
Features
Laundry- Coin operated
Foundation Type
Block
Total Units
14
Heating & Cooling
Heating Type
Baseboard heaters, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding, Brick
Neighbourhood Features
Amenities Nearby
Hospital, Marina, Schools
Parking
Total Parking Spaces
19

Measurements

Square Footage
7080 sqft
Above Grade Finished
7080 sqft
Source: Other

Land

Lot Features
Frontage
51 ft
Land Depth
169 ft
Other Property Information
Access
Highway access
Zoning Description
CG
Data provided by: The Lakelands Association of REALTORS® 34 Cairns Crescent, Huntsville, Ontario P1H 1Y3

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