New Listing
$749,900
( $172.31Per Sq Foot )
 $4,026 est/mo Sourced by Back At You

70 Main Street,Penetanguishene, ON L9M 1T4

Penetanguishene, ON L9M 1T4

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Description

Discover an exceptional investment opportunity in the heart of Penetanguishene. This well-established mixed-use commercial property offers multiple income streams and outstanding long-term potential. Home to the iconic Captain Ken's Diner & Pub, a community favourite for decades, the main level features a fully equipped restaurant space with excellent Main Street exposure, strong visibility, and steady pedestrian and vehicle traffic.The second floor offers two spacious, 3-bedroom residential apartments, both currently tenanted and providing dependable rental income. Situated on a generous lot with six on-site parking spaces, municipal services, and flexible DW zoning, this freestanding building presents endless possibilities for investors, business owners, or entrepreneurs looking to expand their portfolio. Continue operating a successful restaurant, lease the commercial space, or explore future opportunities permitted within the zoning.With over 4,300 sq. ft. of total space, a central location just off Highway 93, and three established income-producing units, this is a rare opportunity to acquire a landmark property.

Details

MLS #S14085944
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site4
Listing Provided ByKeller Williams Experience Realty | SHELBY GREENLAW

Features

Bath(s)3
SQ Feet4,352
ZoningDW
Acreage0.10

Interior

CoolingYes

Exterior

Security FeaturesYes

Utilities

UtilitiesYes

Taxes

Tax Annual Amount5500
Tax TypeAnnual
Tax Legal DescriptionPT LT 9 N/S ROBERT ST, 10 N/S ROBERT ST PL 9 PENETANGUISHENE AS IN RO1168561; S/T RO1168581; PENETANGUISHENE
Tax Year2026

Area Information

ProvinceON
CountySimcoe
CityPenetanguishene
Postal CodeL9M 1T4
AreaPenetanguishene
Listing VS Median (in L9M 1T4)
Price:
$749,900
low | high
Med:
$749,900
50% of Average
sqft:
4,352
low | high
Med:
4,352
50% of Average
$ / sqft:
$172
low | high
Med:
$172
50% of Average
On site:
4
low | high
Med:
4
100% of Average
Sourced by Back At You

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Additional Information

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Learn More About This Property

TROY DECAIRE

TROY DECAIRE

Coldwell Banker The Real Estate Centre

 (905) 967-4663troy@troydecaire.com
ProvinceON
CountySimcoe
CityPenetanguishene
Postal CodeL9M 1T4
AreaPenetanguishene
Listing VS Median (in L9M 1T4)
Price:
$749,900
low | high
Med:
$749,900
50% of Average
sqft:
4,352
low | high
Med:
4,352
50% of Average
$ / sqft:
$172
low | high
Med:
$172
50% of Average
On site:
4
low | high
Med:
4
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $562K - $937K
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
66 Main Street Property Photo 1
$699,900
66 Main Street
Penetanguishene, ON L9M 1T3
Listing Updated: October 16, 2026 at 9:22:28 AM PDT

Troy DeCaire - Coldwell Banker The Real Estate Centre