$799,900
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1 Simcoe Street, Penetanguishene, ON L9M1V2

- Beds
0 Baths
3,058 Sq Ft

Incredible Investment Opportunity Ready For Immediate Possession. Conveniently Located In Historic Downtown Penetanguishene, This Very Clean Three-Unit Corner Building Off Main Street Still Has Its High Ceilings And Original Vaults From 20th Century Tenants (Bank & Insurance Brokers). Occupies A Prime Location For High Traffic Storefront Businesses And Remains Ideally Accessible For Residential Tenants. Unit A Offers A Large Open Concept Main Level Commercial Space With Separate Office And An Additional Full-Height Basement (Dry) For Storage And A Bathroom. Unit B Consists Of Two Large Rooms, Two Basement Storage Spaces And A Bathroom. Both Commercial Units Have Great Visibility From Main Street. The Upper Level Of The Building, Previously Configured As Two Separate Residential Units, Has More Recently Been Opened Up Into One Large 2-Bed/2-Bath Apartment Space With High Ceilings, Original Hardwood Floors And Lush Carpeting. Potential Of Redeveloping The Second Unit Would Be A Great Way To Increase Revenues And Make The Building Even More Profitable. All Units In The Building Are Currently Vacant And Ready For Tenants To Move In At Market Rents, Meaning Youll Be Able To Choose Your Own Tenants And The Property Will Be Profitable From The Beginning, 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. A Great Opportunity To Own A Unique Building In An Exceptional Small-Town Setting. Dont Miss This Excellent Opportunity To Invest. (id:55598)

  • MLS® 40514503
  • Date Listed11/17/2023
  • Days on Realty 400 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Sewer Public Sewer
  • Property Type Other
  • Water Public
  • Square Feet 3,058 sq. ft
  • Price Per Sq. Ft $261.58

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in ON / L9M1V2

Source: Walkscore

73/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

61/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 12/100, Transit Score: 0/100, Bike Score: 27/100.

Points of interest near 1 SIMCOE Street, Penetanguishene, ON L9M1V2

Frequently Asked Questions for 1 SIMCOE Street

Source: Realty.com

1 SIMCOE Street, Penetanguishene, ON L9M1V2 is a Other, Commercial Sale property listed for $799,900 The property is 3058 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 25 photos of 1 SIMCOE Street.

The full address for this home is 1 SIMCOE Street, Penetanguishene, ON L9M1V2.

1 SIMCOE Street has been listed on Realty.com since Fri November 17, 2023

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 12/100, Transit Score: 0/100, Bike Score: 27/100.

Listing provided courtesy of: Keller Williams Co-Elevation Realty, Brokerage (Midland) (tel: (705) 526-9770)
Listing agent: Lorraine Jordan (tel: (705) 526-9770)

This content last refreshed on 2024-12-21 01:46:40. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 1 SIMCOE Street, Penetanguishene, ON L9M1V2 : MLS® 40514503