Sold Conditional 70 Main Street, Penetanguishene, ON L9M 1T4
Penetanguishene · Penetanguishene · ON
About this property
Discover an exceptional investment opportunity in the heart of Penetanguishene. This well-established mixed-use commercial property offers multiple income streams and outstanding long-term potential. Home to the iconic Captain Ken's Diner & Pub, a community favourite for decades, the main level features a fully equipped restaurant space with excellent Main Street exposure, strong visibility, and steady pedestrian and vehicle traffic.The second floor offers two spacious, 3-bedroom residential apartments, both currently tenanted and providing dependable rental income. Situated on a generous lot with six on-site parking spaces, municipal services, and flexible DW zoning, this freestanding building presents endless possibilities for investors, business owners, or entrepreneurs looking to expand their portfolio. Continue operating a successful restaurant, lease the commercial space, or explore future opportunities permitted within the zoning.With over 4,300 sq. ft. of total space, a central location just off Highway 93, and three established income-producing units, this is a rare opportunity to acquire a landmark property.
Property details
- MLS® Number
- S14085944
- Status
- Active Under Contract / Sold Conditional
- Transaction
- For Sale
- Property Type
- Commercial
- Property Subtype
- Commercial Retail
- Lot Size
- Feet
- Lot Width
- 31.00
- Lot Depth
- 207.40
- Taxes
- $5,500
- Tax Year
- 2026
- Garage
- None
- Parking Spaces
- 6
- Heating
- Baseboard
- Cooling
- Yes
- Cross Street
- Hwy 93, Turn to Main St., on the left just north of Robert St
- Directions
- Hwy 93, Turn to Main St., on the left just north of Robert St
- Occupancy
- Tenant
Interior Features
- Security
- Yes
Building & Construction
- Approximate age
- 100+
- Building area
- 4352
Parking & Garage
- Garage
- None
- Parking spaces
- 6
Community & Neighbourhood
- Cross street
- Hwy 93, Turn to Main St., on the left just north of Robert St
Utilities & Services
- Utilities
- Yes
Location
Property History
- Listed
- October 16, 2026 10:10 AM
- Listing updated
- November 9, 2026 5:16 PM
- System updated
- November 9, 2026 5:16 PM
- Photos changed
- October 16, 2026 10:10 AM
- Media changed
- October 16, 2026 10:10 AM
- Imported locally
- November 9, 2026 6:00 PM