For Sale

98 MAIN Street, Penetanguishene, Ontario L9M 1T5

$689,000

98 MAIN Street, Penetanguishene, Ontario L9M 1T5 is For Sale and has a listing price of 689,000. The property is located in the Penetanguishene neighbourhood . It's been on the website for 62 Days.

  • 2
    Bathrooms
  • MLS ID: S10439625
  • Office Name Sotheby's International Realty Canada, Brokerage (
Property Description

Location, Location, Location! Situated at the busiest intersection in the heart of downtown Penetanguishene, this prime commercial property boasts constant exposure to both vehicular and pedestrian traffic right at your door. The 1,300 sq/ft main floor commercial space offers soaring 11-foot ceilings and features a charming mix of hardwood floors, exposed brick, and drywall, providing a versatile aesthetic suitable for many business types. Also includes two washrooms, a spacious area perfect for additional commercial space or a staff lunchroom and at the rear, a third large room offers flexibility as either office or retail space. Zoned (DW) Downtown and Waterfront Commercial, this versatile zoning allows for numerous potential uses including, but not limited to, an Art Gallery, Child Care, Fitness Centre, Financial Institution, Library, Medical Clinic, Office Space, Restaurant, Retail Store, or Veterinary Clinic. Please refer to the zoning by-law. A large, high, and dry basement provides ample storage space or additional commercial area, for even more flexibility. A beautifully renovated, self-contained one-bedroom apartment sits above the commercial space, accessible via separate entrances from both the main street and the rear. This apartment can be isolated from or combined with the commercial area, depending on your needs. The open concept apartment features high ceilings, appliances, a separate room ideal for an office or storage, and a spacious bedroom with access to a covered porch with views of Georgian Bay. The modern 4-piece bathroom has ample storage and laundry facilities. The property has been fully updated with new electrical, plumbing, and fire safety systems, ensuring a safe and modern environment for any business. Penetanguishene is a bustling tourist town on the shores of Georgian Bay, offering a vibrant community with numerous restaurants and attractions. There’s always something to do and see, ensuring a steady flow of locals and tourists alike.

Property Details
  • MLS ID: S10439625
  • Bathrooms: 2
  • Price: $689,000
  • Lot Depth: 77
  • Transaction Types: For Sale
  • Ref ID: S10439625
  • Year Built: N/A
  • Dir / Cross St: Highway 93 north to Main Street in Penetanguishene. Park on street. Located at intersection of Robert St and Main St.
  • Status: Active
  • Tax Year: 2024
  • Property Type: Commercial
  • Property Sub Category: Commercial Apartment
Price History
List Date MLS ID List Price Status End Date Closed Price
06/26/2025 S12247082 $689,777 For Sale - -
02/24/2025 S11985839 $689,000 For Sale 06/20/2025 -
06/24/2024 S10439625 $689,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Penetanguishene
  • $774,170 Average List Price
    based on 1 year
  • 8 New Listings
    based on 30 days
  • 116 Median Days on Market
    based on 1 year
  • List vs. Selling Price 171.86 % Up
  • Sold (12mo) 81
  • Rented (12mo) 12

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 78 Walk Score
    Very Walkable
  • 66 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    82.74%
  • Commercial
    10.1%
  • Condo
    5.9%
  • Land for Sale
    1.25%
Additional Details
  • Heat Type Gas Forced Air Open
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: N/A
  • Kitchen Y
  • Taxes: $4,080
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 24/06/2024 12:03:39
Want to see this property?