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$1,650,000
Status: For Sale
In the heart of historic downtown Penetanguishene awaits an amazing opportunity to own a cash flowing asset with this 15 unit mixed use building. Featuring 14 fully tenanted residential units and situated on a large L-shaped lot, this 2 storey building features 2 main floor units, 2 step up units, 6 upstairs units, and 4 basement/half basement apartments. The building also features a sprawling, versatile commercial space fronting onto the main street which is newly renovated. The property has been well maintained and offers ample parking with dedicated spaces for a commercial tenant. All units feature electric baseboard heating, and tenants run their own air conditioning units in warmer months. Book your viewing today, and see what makes this property a great choice for any investor looking for a unique property in the area.
Property Type | :Commercial |
MLS Number | :S9013393 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :18 Sep, 2024 (1 Day ago) |
Source | :TRREB |
Area | :Simcoe |
Postal Code | : L9M 1S9 |
Price | : $1,650,000 |
Property Taxes | :$21324.00 |
Tax Year | :2024 |
Cross Street | :Take HWY 93 into Penetanguishene and continue on Main Street. Property is on the right hand side of Main immediately before the lights at Robert Street intersection. |
05 Jul, 2024
TREB #S9013393
Available
$1650000.0