Property TypeOffice | Lot Size0.19 acres |
Building Area16000 |
Property TypeOffice | Lot Size0.19 acres |
Building Area16000 |
Located in the heart of Penetanguishene's historic downtown core, this commercial property offers endless opportunities for savvy investors. Once renowned as the iconic Commodore Bar and Hotel, this landmark building sits proudly on a hilltop with views of the picturesque shores of Georgian Bay. Steeped in history and character, this property boasts a rich tapestry of human activity, with whispers of potential paranormal intrigue adding to its allure. With imagination and vision, the possibilities are boundless, including the exciting prospect of transforming it into a captivating haunted hotel and bar/restaurant experience. Penetanguishene is a town on the rise, with access to numerous improvement grants specifically tailored for enhancing the charm of its main street. Prospective buyers are encouraged by the Planning department to explore the potential of this property further, offering the opportunity to schedule a meeting to discuss various possibilities. Spanning an impressive 16,000 square feet, this expansive building is a blank canvas awaiting transformation. Whether you envision a boutique hotel, a trendy restaurant, or a vibrant entertainment venue, this property provides the perfect canvas for your entrepreneurial dreams. To facilitate the purchase, the seller is offering a generous $500,000 Vendor Take Back (VTB) financing option, subject to approved credit. Don't miss out on this rare opportunity to own a piece of Penetanguishene's history while shaping its future. Contact us today to schedule a viewing and unlock the potential of this remarkable property. (id:16261) |
Community FeaturesHigh Traffic Area | FeaturesVisual exposure |
OwnershipFreehold | TransactionFor sale |
Zoning DescriptionCG |
BasementFull | Size Exterior16000.0000 |
Size Interior16000.0000 | Storeys Total3 |
Utility WaterMunicipal water |
Size Total0.186 ac|under 1/2 acre | Size Frontage90 ft |
SewerMunicipal sewage system | Size Irregular0.186 |
Listing Office: Revel Realty Inc., Brokerage (Tiny)
Data Provided by The Lakelands Association of REALTORS®
Last Modified :10/04/2024 10:44:26 AM
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s ByLaws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy
This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect,store,reorganize or manipulate data on the pages produced by or displayed on this website
Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman