Skip to main content
Sell Your Home
Shortlisted Properties
  • New Homes
  • For Sale
  • For Rent
Danger! Indicates a dangerous or potentially negative action.
Error

Maximum 4 project can be compared at one go.

Last Updated : 374 Days ago
106 Robert St W, Penetanguishene, Ontario, Penetanguishene

106 Robert St W, Penetanguishene MLS Number: S8273390

Penetanguishene, Simcoe, ON, L9M 1P1

$439,500

Status: OFF MARKET

  • Property Type: Commercial (Commercial)
  • Property Taxes : $4563.00 (Tax Year:2023)
  • Listing Courtesy : Yellow Brick Realty Ltd.

106 Robert St W Property Description

Real Estate Investment opportunity at 106 Robert St. W in the vibrant community of Penetanguishene, ON. The property is under Power of Sale, with a lender eager to SELL. Situated on a bustling artery, the property enjoys exceptional visibility and exposure. Given its Neighbourhood Commercial zoning, it's an ideal location for a wide array of businesses. It's essential to note that while the property currently hosts residential units, the township has issued a work order due to the absence of proper permits and rezoning procedures for one of the units. However, this presents an opportunity for the savvy investor to rectify the situation and unlock the property's full potential.The property is currently configured as two residential units, complemented by an oversized two-car garage. One residential unit stands vacant, awaiting the creative vision of its new owner, while the other unit is currently tenanted. The oversized garage, can also be converted into an income generating opportunity for the new owner. Historically, this property has served as a hub for commercial activities, housing a restaurant within the garage and a retail store. This rich history underscores its commercial viability and potential for lucrative ventures. The new owner can look beyond a restaurant or retail store front: given its zoning and layout, the property presents an excellent prospect for child care providers. Or maybe the new owner can look to capitalize on the demand for wellness and self-care and open a salon or spa. This property is priced VERY competitively and represents an exceptional investment opportunity for entrepreneurial minded individuals. With the potential to reconfigure the space to align with zoning regulations and capitalize on its prime location, investors stand to reap substantial rewards from this promising venture. Don't miss out, seize this opportunity today and unlock the limitless potential of this prime commercial real estate gem.

Read More

106 Robert St W Property Facts

Property Type :Commercial
MLS Number :S8273390
Listing Type :Sale
Possession Date :
know more link icon
Last Updated :26 Nov, 2024 (374 Days ago)
Source :TRREB
Area :Simcoe
Postal Code : L9M 1P1
property detail community link icon

106 Robert St W Property Price & Tax Insights

Price : $439,500
Property Taxes :$4563.00
Tax Year :2023

106 Robert St W, Penetanguishene Property Details

Cross Street :Main to Robert

106 Robert St W, Penetanguishene - Price History

2024-11

06 Nov, 2024

TREB #S8273390

Available

$439500.0

property sold history blur background
View More

Sign in to view full price history of this property

106 Robert St W - Location Map and Landmarks

Recently Viewed
Related to your search
Nearby Postal Codes of Simcoe

Tell us a Little about yourself!