For Sale

79 Main Street, Penetanguishene, Ontario L9M 1S8

$739,000

79 Main Street, Penetanguishene, Ontario L9M 1S8 is For Sale and has a listing price of 739,000. The property is located in the Penetanguishene neighbourhood . It's been on the website for 67 Days.

  • 4
    Bathrooms
  • MLS ID: S11969608
  • Office Name ROYAL LEPAGE FIRST CONTACT REALTY
Property Description

79 & 81 Main Street – Fully tenanted – Located on one of the most desirable areas in the downtown core, this commercial/residential building is bursting with potential. Just steps to shopping, restaurants, services & waterfront. Currently CG-7 zoning, (DW zoning in 2023) allows for a wide variety of commercial/residential uses. A spacious main floor plan offers 2 separate open concept commercial spaces. The main floor interior is renovated, maintained & upgraded with modern decor; featuring Pot lights, gorgeous flooring, exposed brick walls and finishes from the original construction era. The exterior is low maintenance brick & sleek large commercial grade signage. This comprehensive CG-7/DW Zoning & site offers many development options to expand the commercial space or add on multi-residential units. Plenty of room to build out an additional residential unit in the back of the main floor. The second floor boasts two large apartments. The back unit currently offers one bedroom plus TWO dens. The front apartment with views of Georgian Bay is a one bedroom, with den & laundry. Both units with large Skylights. The basement is partially finished with tons of storage space or create another unit. This building is the perfect spot for a retailer, hotel, restaurant, lawyer, accountant, doctor, therapist, realtor, or entrepreneur looking for a well-presented office in the downtown core with endless opportunities with ongoing business development & improvements nearby. Please note this town has a Community Improvement Plan

Property Details
  • MLS ID: S11969608
  • Bathrooms: 4
  • Price: $739,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: S11969608
  • Year Built: N/A
  • Dir / Cross St: Main & Robert
  • Tax Year: 2025
  • Approx Age: 100+
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
02/12/2025 S11969608 $739,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Penetanguishene
  • $777,613 Average List Price
    based on 1 year
  • 8 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 170.55 % Up
  • Sold (12mo) 82
  • Rented (12mo) 12

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    82.72%
  • Commercial
    10.06%
  • Condo
    5.96%
  • Land for Sale
    1.26%
Additional Details
  • Heat Type Other
  • Washroom Type1: 4
  • Garage Type Y
  • Parking Spaces: N/A
  • Taxes: $4,950
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 12/02/2025 16:57:20
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