1 Water Street Penetanguishene, Ontario L9M 1V5
$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:39925)
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
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July 05 2022 09:10:17
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
Sutton Group Incentive Realty Inc. Brokerage