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MLS® S13657786
Penetanguishene, ON
Discover an exceptional investment opportunity in the heart of Penetanguishene. This well-established mixed-use commercial property offers multiple income streams and outstanding long-term potential. Home to the iconic Captain Ken's Diner & Pub, a community favourite for decades, the main level features a fully equipped restaurant space with excellent Main Street exposure, strong visibility, and steady pedestrian and vehicle traffic.The second floor offers two spacious, 3-bedroom residential apartments, both currently tenanted and providing dependable rental income. Situated on a generous lot with six on-site parking spaces, municipal services, and flexible DW zoning, this freestanding building presents endless possibilities for investors, business owners, or entrepreneurs looking to expand their portfolio. Continue operating a successful restaurant, lease the commercial space, or explore future opportunities permitted within the zoning.With over 4,300 sq. ft. of total space, a central location just off Highway 93, and three established income-producing units, this is a rare opportunity to acquire a landmark property.
Broker
Keller Williams Experience Realty
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Commercial Retail
70 Main Street Penetanguishene
Penetanguishene
Built
100+
Type
Commercial Retail
Parking
None
Property Tax
~$5,500/yr
Heating
Baseboard
Buying Essentials
Square Feet
4352 sqft
Parking
None
Finances
List Price
$799,900
Price per SQFT
$184/sqft
Property Tax
~$5,500/yr
Property Specs
Property Type
Commercial Retail
MLS Size
4352 sqft
Age of Building
100+
Living & Amenities
Heating Type
Baseboard
Policies & Utilities
Neighbourhood
Penetanguishene
Listed On
Aug 10, 2026
Days on Market
Current: 89 days
Room information is not available for this listing.
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