70 Main Street, Penetanguishene, ON L9M 1T4
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 70 Main Street, Penetanguishene, ON L9M 1T4
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# S13550774
Listed by Keller Williams Experience Realty
On market since Jul 10, 2026
70 Main Street, Penetanguishene, ON L9M 1T4 is listed for $849,900 CAD.
70 Main Street, Penetanguishene, ON L9M 1T4 has 3 bathrooms.
70 Main Street, Penetanguishene, ON L9M 1T4 is a Commercial Retail, 4,352 sq ft.
70 Main Street, Penetanguishene, ON L9M 1T4 is in Penetanguishene, Ontario.
70 Main Street, Penetanguishene, ON L9M 1T4 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 70 Main Street, Penetanguishene, ON L9M 1T4 (MLS# S13550774). You can also send a message through the contact form on this site.
