70 Main Street, Penetanguishene
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. (id:1945)
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Property details for 70 Main Street, Penetanguishene
- Type
- Commercial
- Bathrooms
- 3
- Living Area
- 4,352 square feet
- Lot Size
- Bldg=31 x 207.4 FT ; 37.95ft x 207.31ft x 40.69ft x 207.04
- Heating
- Baseboard heaters
- Cooling
- Fully air conditioned
- Annual Taxes
- $5,500
Nearby Listings Stat
Estimated price and comparable properties near 70 Main Street
Active Listings
12
Min Price
$579,900
Max Price
$949,900
Avg Price
$734,415
Days on Market
49
days
Sold Listings
4
Min Sold Price
$598,900
Max Sold Price
$909,000
Avg Sold Price
$733,200
Days until Sold
104
days
Neighbourhood Census Data
Penetanguishene, Ontario
Population
432
Median Age
48.8
Median Income
$18,880
Dwelling Value
$250,554
Housing Tenure
Owners 16%
Renters 81%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 2,335.1/km²
Avg Shelter Cost: $908/mo
Owners with Mortgage: 28.6%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 77.8%
English only: 82.8%
English and French: 16.1%
Median Household Income: $28,224
Median Employment Income: $24,128
Price History
Listed
August 10, 2026
by Keller Williams Experience Realty
Current Price
$799,900
Type
Commercial
For Sale
