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$ 999,900
Est. payment | /mo
3 Baths
$ 999,900
Est. payment | /mo
3 Baths
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Penetanguishene
MLS Listing ID S12299919
Annual Tax Amount $5,031
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
A rare chance to own a versatile, income-generating property in the heart of Penetanguishene! Home to Captain Ken's Diner & Pub, a beloved local landmark operating since 1976. The main floor features a fully equipped, turnkey restaurant space, known for its high visibility, steady foot traffic, welcoming atmosphere, and loyal customer base. Above the restaurant, the second floor offers two large, 3-bedroom, 1-bath apartments, both currently tenanted providing reliable rental income. Highlighted by a deck/patio off the back unit. With prime Main Street frontage, on-site parking (5-6 cars), and flexible DW zoning, this property is ideal for restaurateurs, investors, or entrepreneurs. Whether you continue its long-standing tradition or bring your own vision, this is a rare chance to own a piece of Penetanguishene's history. Don't miss this incredible opportunity!
Location
Province ON
County Simcoe
Community Penetanguishene
Area Simcoe
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 31.0
Lot Depth 207.4
Building
Building Age 100+
Others
Security Features Yes
ParcelsYN No
Listed by Keller Williams Co-Elevation Realty, Brokerage
We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.