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 feat...ures 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.
Full Property Details
General
Business Type
-
Retail Area
2034.00 Sq Ft
Office Area
2318.00 Sq Ft
Total Area
4352.00 Square Feet
Sprinklers
Yes
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
-
Retail Area
2034.00 Sq Ft
Office Area
2318.00 Sq Ft
Total Area
4352.00 Square Feet
Sprinklers
Yes
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
3
Heating Fuel
Baseboard
Air Conditioning
Yes
Washrooms
3
Heating Fuel
Baseboard
Air Conditioning
Yes
Exterior
Depth
207.4
Front
31.0
Lot Size
31 x 207.4 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
DW
Depth
207.4
Front
31.0
Lot Size
31 x 207.4 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
DW
Building Description
Home Type
Commercial
Subtype
Commercial Retail
Year Built
100+
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Commercial Retail
Year Built
100+
Water Supply
Municipal
Possession Date
No Data
Community
Community
Penetanguishene
Community
Penetanguishene
Taxes & Fees
Taxes
$5,500 /yr
Tax Year
2026
Occupancy
Tenant
Taxes
$5,500 /yr
Tax Year
2026
Occupancy
Tenant
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