59 Main Street
Penetanguishene, ON
- 16,165 sqft
- Sale Of Business
- 302 days on market
The Subject Property Is A Landmark Building Located In The Heart Of Penetanguishene Downtown Core, Steps From Marinas & Town Docks, Restaurants, Shops & The Waterfront Rotary Park & Trails. Formerly Known As The Commodore Bar and Hotel, This Three-story Commercial Structure Occupies A Prominent Hilltop Location With Views Of Georgian Bay. The Building Features Approximately 16,000 SqFt Of Gross Building Area Across Multiple Levels. The Structure Is Of Historical Significance And Offers An Opportunity For The Right Investor To Renovate Or Redevelop. Zoning Allows For Commercial Retail & Service Establishment, Restaurant, Bar, Entertainment Venue, Hotel, Boutique Accommodations, Mixed-use Development (Commercial Ground Floor W/ Multiple Dwelling Units Above), Professional Offices & Business Services. Future Renovations Or Redevelopment Will Need To Align W/ Penetanguishene's Community Design Manual. This Building Is Vacant & Ready For Your Own Vision.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $4,459
- Originally Listed
- $700,000
- Listed
- November 4, 2025
Price History
Listing history
Sign in to view
Parking
- Garage
- None
Location & Legal
- Cross Street
- Main St and Simcoe St
- Zoning
- CG
- Parcel Number
- 584330122
- Possession
- Immediate
- Occupancy
- Vacant
Commercial
- Business Type
- Other
Community
Postal area L9M
- Population
- 16,607
- Private dwellings
- 9,066
- Median age
- 53.2
- Average household size
- 2.3
- Median household income
- $76,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Penetanguishene · last 12 months
- Median sold price
- $585,333
- Homes sold
- 127
- Median days on market
- 33
- Sale-to-list price
- 95.8%
Based on 127 recorded sales of commercial properties in Penetanguishene over the last 12 months.
Listed by
RE/MAX CROSSTOWN REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 16,165 sq ft
- Price per sq ft
- $51.90
- Annual property tax
- $4,459
- Tax per sq ft
- $0.28
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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