1 WATER Street, Penetanguishene, Ontario, L9M1V5
Property TypeOther Built in1840

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:16261)


Details
Amenities NearbyShopping Community FeaturesHigh Traffic Area
EquipmentNone FeaturesCorner Site, Visual exposure
OwnershipFreehold Rental EquipmentNone
TransactionFor sale Zoning DescriptionCOMM
Building
Basement DevelopmentUnfinished BasementFull (Unfinished)
Constructed Date1840 Exterior FinishBrick, Stone
FlooringHardwood HeatingHot water radiator heat
Size Exterior5694.0000 Storeys Total2
Utility WaterMunicipal water
Land
Size Frontage93 ft Access TypeRoad access
AmenitiesShopping SewerMunicipal sewage system
Size Depth62 ft

Listing Office: Sutton Group Incentive Realty Inc. Brokerage

Data Provided by The Lakelands Association of REALTORS®

Last Modified :20/05/2022 02:38:37 PM

Listing Office: Sutton Group Incentive Realty Inc. Brokerage

Data Provided by The Lakelands Association of REALTORS®

Last Modified :20/05/2022 02:38:37 PM