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)
- ON
- Penetanguishene
- L9M1V2
- 1 SIMCOE Street
- 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
École élémentaire Saint-Joseph
Public • PK - 5
32.19 km
Distance
Canadian Martyrs Catholic School
Public • PK - 8
32.19 km
Distance
Public • PK - 8
32.19 km
Distance
Public • PK - 8
32.19 km
Distance
École élémentaire catholique Saint-Louis
Public • PK - 8
32.19 km
Distance
Monsignor Castex Separate School
Public • PK - 8
32.19 km
Distance
Public • PK - 8
32.19 km
Distance
Mundy's Bay Elementary Public School
Public • PK - 8
32.19 km
Distance
Public • PK - 8
32.19 km
Distance
Public • PK - 8
32.19 km
Distance
Burkevale Protestant Separate School
Public • 7 - 12
32.19 km
Distance
Public • 6 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Georgian Bay District Secondary School
Public • 9 - 12
32.19 km
Distance
St. Theresa's Catholic High School
Public • 9 - 12
32.19 km
Distance
Sales & Tax History
Source: Public Records
Street Address | Beds | Baths | Sold Date | List Price |
---|---|---|---|---|
1600 GOLF LINK Road | 4 | 4 | Dec 01, 2024 | $1,599,000 |
972 COOK Drive | 3 | 3 | Oct 26, 2024 | $699,900 |
1057 Tay Point Road, Penetanguishene ON L9M 2C6 | 3 | 4 | Dec 02, 2024 | $1,250,000 |
6 Richelieu Street, Penetang ON L9M 1H8 | 5 | 2 | Nov 01, 2024 | $629,900 |
6 RICHELIEU Street | 5 | 2 | Nov 01, 2024 | $629,900 |
100 Peel Street, Penetanguishene ON L9M 1C3 | 4 | 2 | Nov 23, 2024 | $939,000 |
100 PEEL Street | 4 | 2 | Nov 23, 2024 | $939,000 |
963 Wright Drive, Midland ON L4R 0E4 | 3 | 3 | Dec 02, 2024 | $699,900 |
963 WRIGHT Drive | 3 | 3 | Nov 22, 2024 | $699,900 |
963 WRIGHT DRIVE | 3 | 3 | Nov 22, 2024 | $699,900 |
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
39 m
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Wing House, Penetanguishene, ON, Canada
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Wing House, Penetanguishene, ON, Canada
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121 m
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Canada Post, Penetanguishene, ON, Canada
Government
92 m
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Wing House, Penetanguishene, ON, Canada
Food • Retail Nightlife
121 m
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Penetanguishene Public Library, Penetanguishene, ON, Canada
Education Entertainment
203 m
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Penetanguishene Public Library, Penetanguishene, ON, Canada
Education Entertainment
203 m
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Edward Jones, Penetanguishene, ON, Canada
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Edward Jones, Penetanguishene, ON, Canada
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224 m
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St Ann, Penetanguishene, ON, Canada
Religion
311 m
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321 m
Distance
13 m
Distance
68 m
Distance
371 m
Distance
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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