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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 | :Residential Income |
MLS Number | :40615596 |
Listing Type | :Sale |
Property Age | :51-99 Years years |
Possession Date | : |
Last Updated | :08 Jul, 2024 (76 Days ago) |
Source | :The Lakelands |
Area | :Simcoe |
City | :Penetanguishene |
Area Major | :Penetanguishene |
Area Minor | :PE01 - East of Main Street |
Postal Code | : L9M 1S9 |
Directions | :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. |
Price | : $1,650,000 |
Property Taxes | :$21324 |
Tax Year | :2024 |
Bedrooms | :0 + |
Air Conditioning | :Other |
Heating | :Baseboard |
Place of Worship | :No |
Bathrooms | :0 |
Approx Square Footage | :7080 sqft |
Kitchen | :3.81 m x 2.39 m |
Family Room | :6.48 m x 2.77 m |
Dining Room | :2.79 m x 2.62 m |
Bedroom Primary | :3.89 m x 3.10 m |
Bedroom | :3.35 m x 2.74 m |
Living Room | :3.86 m x 3.17 m |
Bedroom | :3.33 m x 2.87 m |
Parking Space | :19 |
Basement | :Partial |
04 Jul, 2024
TREB #40615086
Listed
$1650000