For Sale

59 MAIN Street, Penetanguishene, Ontario L9M1S8

$645,500

59 MAIN Street, Penetanguishene, Ontario L9M1S8 is For Sale and has a listing price of 645,500. The property is located in the Penetanguishene neighbourhood. It's been on the website for 48 Days.

  • Office
    Property Type
  • MLS ID: 40652840
  • Office Name Revel Realty Inc., Brokerage (Tiny),Revel Realty I
Property Description

Located in the heart of Penetanguishene’s historic downtown core, this commercial property offers endless opportunities for savvy investors. Once renowned as the iconic Commodore Bar and Hotel, this landmark building sits proudly on a hilltop with views of the picturesque shores of Georgian Bay. Steeped in history and character, this property boasts a rich tapestry of human activity, with whispers of potential paranormal intrigue adding to its allure. With imagination and vision, the possibilities are boundless, including the exciting prospect of transforming it into a captivating haunted hotel and bar/restaurant experience. Penetanguishene is a town on the rise, with access to numerous improvement grants specifically tailored for enhancing the charm of its main street. Prospective buyers are encouraged by the Planning department to explore the potential of this property further, offering the opportunity to schedule a meeting to discuss various possibilities. Spanning an impressive 16,000 square feet, this expansive building is a blank canvas awaiting transformation. Whether you envision a boutique hotel, a trendy restaurant, or a vibrant entertainment venue, this property provides the perfect canvas for your entrepreneurial dreams. Don’t miss out on this rare opportunity to own a piece of Penetanguishene’s history while shaping its future. Contact today to schedule a viewing and unlock the potential of this remarkable property. (id:43137)

Property Details
  • MLS ID: 40652840
  • Price: $645,500
  • Transaction Types: For Sale
  • Ref ID: 27463815
  • Year Built: N/A
  • Property Type: Office
  • Property Type: Commercial
  • Property Sub Category: Office
Price History
List Date MLS ID List Price Status End Date Closed Price
09/24/2024 40652840 $645,500 For Sale - -
09/24/2024 S9367426 $645,500 For Sale - -
04/26/2024 40578512 $795,500 For Sale - -
04/26/2024 S8275486 $795,500 For Sale - -
03/12/2024 40553173 $1,295,000 For Sale - -
10/18/2023 S7230978 $1,500,000 For Sale - -
10/06/2023 40496308 $1,500,000 For Sale - -
05/03/2023 S5934436 $1,050,000 - -
09/22/2023 40412127 $1,050,000 - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Penetanguishene
  • $828,726 Average List Price
    based on 1 year
  • 19 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 156.77 % Up
  • Sold (12mo) 80
  • Rented (12mo) 11

  • 1 Month Change -15.9%
  • 3 Month Change -15.2%
  • 6 Month Change -29.0%
Walkscore
  • 77 Walk Score
    Very Walkable
  • 60 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    82.88%
  • Commercial
    10.56%
  • Condo
    4.24%
  • Land for Sale
    2.33%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 Full
  • Water Municipal Water
  • Property Features Visual Exposure
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 24/09/2024 00:00:00
  • Zoning Wwr
  • Agent Name: Danielle Dorion,Vanya Gluhic
  • Address Subdivision: PE01 - East of Main Street
  • Last Updated: 25/09/2024 14:30:29
Open House Dates
Want to see this property?