LOADING

1 Water Street Penetanguishene, Ontario L9M 1V5

Hot Water Radiator Heat

$1,877,700

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:37962)

Property Details

MLS® Number 40231483
Property Type Other
Amenities Near By Shopping
Community Features High Traffic Area
Equipment Type None
Features Corner Site, Visual Exposure
Rental Equipment Type None

Building

Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1840
Exterior Finish Brick, Stone
Flooring Type Hardwood
Heating Type Hot Water Radiator Heat
Stories Total 2
Size Exterior 5694.0000
Utility Water Municipal Water

Parking

Detached Garage

Land

Access Type Road Access
Acreage No
Land Amenities Shopping
Sewer Municipal Sewage System
Size Depth 62 Ft
Size Frontage 93 Ft
Zoning Description Comm

https://www.realtor.ca/real-estate/24223798/1-water-street-penetanguishene


agent photo
DON CADIEUX
Salesperson

(705) 888-7072
(705) 446-3992
Sutton Group Incentive Realty Inc. Brokerage
224 Ste. Marie Street
Collingwood, Ontario L9Y 3K5

(705) 446-3991
(705) 446-3992
www.suttonincentive.com