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    For Sale - 59 Main Street, Penetanguishene, Ontario

    Est payment $6,242/mo
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    Views   2
    Time on Jump  38 day

    AI Summary *

    • Prime mixed-use development site located at a prominent intersection.
    • Approximately 8,100 sq. ft. with scenic views of Georgian Bay.
    • General Commercial zoning allows for diverse residential and commercial projects.
    • Significant infrastructure upgrades already completed, saving on connection costs.
    • Comprehensive architectural and engineering plans included, streamlining development process.




    Exceptional opportunity for developers and investors to acquire a substantially advanced mixed-use development site at 59 main street, prominently positioned on the corner of main st & simcoe st in penetanguishene. This approximately 8,100 sq. Ft. Hilltop property offers georgian bay sightlines, excellent exposure and general commercial (cg) zoning, creating the foundation for an attractive residential and commercial infill project. More than simply a parcel of land, the offering includes the real estate, upgraded site infrastructure and a comprehensive architectural and engineering ip package, including professional renderings, floor plans, massing studies and elevation plans. Significant infrastructure work has already been completed, with municipal water, sewer and electrical services upgraded and capped at the property line, potentially representing $25,000-$40,000+ in avoided hookup costs. The site is vacant and positioned for execution within municipal parameters, allowing a purchaser to build upon considerable upfront planning and design work rather than starting from scratch. For a developer looking to reduce pre-construction uncertainty, shorten the development timeline and control upfront costs, 59 main street represents a rare opportunity to acquire a strategically located infill site with much of the groundwork already completed.
    Listing IDS13727236
    Address59 Main Street
    CityPenetanguishene, Ontario
    Price$1,300,000
    StyleSale Of Business
    Land Size8094.45
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessBasement 1Heating / Cooling None

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    Listing Brokerage: RE/MAX CROSSTOWN REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    59 Main Street
    Penetanguishene , Ontario
    $1,300,000
    Get more info