70 Main Street
Penetanguishene, ON
- 3 bath
- 4,352 sqft
- Commercial Retail
- 57 days on market
Discover an exceptional investment opportunity in the heart of Penetanguishene. This well-established mixed-use commercial property offers multiple income streams and outstanding long-term potential. Home to the iconic Captain Ken's Diner & Pub, a community favourite for decades, the main level features a fully equipped restaurant space with excellent Main Street exposure, strong visibility, and steady pedestrian and vehicle traffic.The second floor offers two spacious, 3-bedroom residential apartments, both currently tenanted and providing dependable rental income. Situated on a generous lot with six on-site parking spaces, municipal services, and flexible DW zoning, this freestanding building presents endless possibilities for investors, business owners, or entrepreneurs looking to expand their portfolio. Continue operating a successful restaurant, lease the commercial space, or explore future opportunities permitted within the zoning.With over 4,300 sq. ft. of total space, a central location just off Highway 93, and three established income-producing units, this is a rare opportunity to acquire a landmark property.
Listing Details
- Taxes (2026)
- $5,500
- Listed
- July 10, 2026
Price History
Listing history
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Property
- Age
- 100+
- Lot Size
- 31 x 207.4 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Hwy 93, Turn to Main St., on the left just north of Robert St
- Zoning
- DW
- Parcel Number
- 584320171
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Office / Apartment Area
- 2318 Sq Ft
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
- $595,000
- Homes sold
- 124
- Median days on market
- 34
- Sale-to-list price
- 95.8%
Based on 124 recorded sales of commercial properties in Penetanguishene over the last 12 months.
Listed by
Keller Williams Experience Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 4,352 sq ft
- Price per sq ft
- $195.29
- Annual property tax
- $5,500
- Tax per sq ft
- $1.26
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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