Waterfront - Fixer Upper
Address
59 Main St Penetanguishene, ON
Price
$ 1,350,000
Property Attributes
  • MLS#S5437031
  • TypeCommercial
  • CityPenetanguishene
  • AreaPenetanguishene
  • NeighbourhoodPenetanguishene
  • Postal CodeL9M 1S8
  • StyleHotel/Motel/Inn
  • Taxes$ 6817
  • Price$ 1,350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
RIGHT AT HOME REALTY INC., BROKERAGE
Data Source:
Canada - Toronto Real Estate Board (TRREB)
Property Description

Attn Investors! Opportunity Knocks! The Only Hotel In Beautiful Waterfront Tourist Town With Smoking Hot Demand For Dining And Hospitality Available For Reno! Located In The Heart Of Historic Downtown Penetanguishene, Just Steps From Georgian Bay, This Landmark Property Awaits A Developer's Magic Touch. Existing Plans Are For A Parisian-Style Boutique Hotel W/ Luxury Suites, Sidewalk Cafe, Mainflr Restaurant & 2nd Flr Bar/Lounge W/ Outside Terrace.

Price History
11/19/2021 Listed $1,350,000

General Features

Area Simcoe
Basement Yes
Category Accommodation
Community Penetanguishene
Elevator None
Extras Property Consists Of 3-Storey Building Approximately 20
Heater Type None
Legal Description Pt Lt A Subdivision B E/S (See Brokerage Remarks)
Lot Depth 160.00
Municipality Penetanguishene
Property Sub Type Investment
Sprinklers Yes
Status A
Tax Year 2020
Taxes 6817.00
Utilities Yes
Water Municipal
Zoning Cg

Interior Features

A/C No
Clear Height Feet 10

Exterior Features

Freestanding Yes
Garage Type None
Rail No
Sewers Sanitary

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L9M 1S8

Price
AVG $1.01M
$1.35M
Taxes
AVG $5,865
$6,817
Visits
AVG 3
3

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