59 Main Street Penetanguishene, Ontario L9M 1S8

None No Heat


$200,000 VTB MAY BE AVAILABLE OAC. Vendor is motivated to sell!! This hidden treasure in the up and coming historical town of Penetanguishene is being offered to the savvy investor at an asking price that's sure to capture attention far and wide! Known as Ontario's premiere year round playground, this commercial gold mine of opportunity is located downtown with views of Georgian Bay, steps to marinas and town docks, restaurants, shops and the waterfront Rotary Park and trails. A solid building, once known as The Commodore Hotel and Bar is cleaned up, gutted and ready for something new! So many possibilities here! Retreat, restaurant, apartments, boutique hotel, banquet hall with 3 levels, art gallery / mall, outdoor rooftop patio space and the possibility to build 13.5 feet higher to add another level of views of harbour. Pictures show actual and concept possibilities. The buyer, at the buyers own expense, can hire the same architect to design something different. This building is vacant and the Town of Penetanguishene would love to see it thriving again! (id:33600)

Property Details

MLS® Number 40412127
Property Type Other
Amenities Near By Beach, Golf Nearby, Park, Place Of Worship, Shopping
Community Features High Traffic Area
Features Corner Site, Visual Exposure, Golf Course/parkland, Beach


Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type None
Heating Type No Heat
Stories Total 3
Size Exterior 16000.0000
Utility Water Municipal Water


Acreage No
Land Amenities Beach, Golf Nearby, Park, Place Of Worship, Shopping
Sewer Municipal Sewage System
Size Frontage 90 Ft
Size Irregular 0.186
Size Total 0.186 Ac
Size Total Text 0.186 Ac
Zoning Description Cg


Revel Realty Inc., Brokerage (Tiny)
520 Cedar Point Rd
Tiny, Ontario L9M 0H1

(705) 533-0303
(905) 357-1705

Revel Realty Inc., Brokerage (Unit A)
520a Cedar Point Road
Tiny, Ontario L9M 0H1

(705) 533-0303
(905) 357-1705

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