Property Details

1 WATER Street, Penetanguishene, Ontario, L9M1V5

1 WATER Street, Penetanguishene, Ontario, L9M1V5 (ID 40231483)
Representative
Sutton - Choice Real Estate Inc., Brokerage
Office
Tel: (705) 223-9595
Website

$1,877,700 - For sale

ID#:40231483

INVESTORS/ENTREPRENEURS - AMAZING OPPORTUNITY TO BUY A LUCRATIVE BUSINESS & INCOME PRODUCING PROPERTY IN AN EXCELLENT LOCATION. HISTORIC 1840'S 2-STOREY 5700 SQ FT BRICK BUILDING ON A HIGHLY VISIBLE MAJOR CORNER OF MAIN ST IN PENETANGUISHENE JUST A FEW BLOCKS FROM THE WATERFRONT. PRICE INCLUDES LAND, COMMERCIAL BUILDING, GARAGE & THE EXTREMELY SUCCESSFUL 'GREEN BLOCK TRADING POST' BUSINESS. MAIN FLOOR HAS 3 SEPARATE COMMERCIAL UNITS. SECOND FLOOR HAS 3 RESIDENTIAL APARTMENTS (ONE 3-BEDROOM SUITE & TWO 2-BEDROOM SUITES). A FULL SPRAWLING BASEMENT WITH ACCESS TO PARKING AREA IDEAL FOR STORAGE OR OTHER VENTURES. THE GREEN BLOCK TRADING POST IS WELL KNOWN BY MANY WITH AN EXCELLENT CLIENT BASE. BUSINESS FOCUS IS ON TOBACCO AND RELATED PRODUCTS; LOTTERY TICKET SALES; NATIVE ARTIFACTS, ARTWORK, CRAFTS & BEADWORK; NAUTICAL ITEMS; URNS; AND KEY-CUTTING. THE BUILDING IS LOADED WITH ORIGINAL CHARACTER AND VERY WELL MAINTAINED WITH MAJOR IMPROVEMENTS & UPGRADES OF OVER $600,000 INVESTED BY CURRENT OWNERS (ROOF 2020, BOILER, A/C SYSTEM, UPDATED ELECTRICAL & PLUMBING, FIRE-PROOFING, AND NEW WINDOWS & DOORS ON THE 2ND LEVEL. (id:2471)

Location DescriptionHWY 93 TO MAIN STREET. PROPERTY IS ON CORNER OF WATER & MAIN

Property Details
  • Property Address:1 WATER Street, Penetanguishene, Ontario, L9M1V5
  • Property Type:Other
  • Title:Freehold
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Road access
  • Driveway:Detached Garage
Structure Details for 1 WATER Street, Penetanguishene, Ontario, L9M1V5
  • Building Age:1840
  • Heating Type:Hot water radiator heat
  • Storeys:2
  • Flooring:Hardwood
  • Basement Type:Full (Unfinished)
  • Rental Equipment:None
  • Exterior Type:Brick, Stone
Amenities for 1 WATER Street, Penetanguishene, Ontario, L9M1V5 Corner Site, Visual exposure, High Traffic Area
  • Amenities Nearby:Shopping
Representative
Sutton - Choice Real Estate Inc., Brokerage
Office
Tel: (705) 223-9595
Website
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Listing Office: Sutton Group Incentive Realty Inc. Brokerage

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1 WATER Street, Penetanguishene, Ontario, L9M1V5

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