8000 s.f. building - Seller making application to rezone to permit 16 apartments in the existing building. Existing house will be severed and detached from the building and not included in purchase price. Great opportunity to renovate and add onto the existing structure for income producing multi-residential building in great location just off Hwy 93/downtown Penetanguishene, with views of Georgian Bay. Or buy to run as existing 23 room retirement home, without the currently attached house, garage and shop (all to be severed off).
MLS# | 40681277 |
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Listing Type | For Sale |
Style | Condominium |
Sub-Type | Resale |
Status | Active |
Year | 1962 |
Days On Site | 54 |
Listing Provided By | Ed Lowe Limited Brokerage | Catherine Lowe |
Bath(s) | 1 Total |
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SQ Feet | 8,000 |
Zoning | Multi-res (application) |
State | ON |
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County | Simcoe County |
City | Penetanguishene |
Zip Code | L9M 1N5 |
Area | Penetanguishene |
Subarea | PE02 West of Main Street |
Community Name | PE02 West of Main Street |
Listing VS Median (in PE02 West of Main Street) | |
Price: $1,850,000 low | high Med: $749,950 SqFt: 8,000 low | high Med: 1,353 $ / SqFt: $231 low | high Med: $564 On Site: 54 low | high Med: 99.500000 |