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$ 1,850,000
Est. payment | /mo
6 Baths
8,000 SqFt
$ 1,850,000
Est. payment | /mo
6 Baths
8,000 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $231
MLS Listing ID S10929689
Annual Tax Amount $9,261
Tax Year 2023
Property Description
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).
Location
Province ON
County Simcoe
Community Penetanguishene
Area Simcoe
Zoning Multi res (application)
Region Penetanguishene
City Region Penetanguishene
Interior
Cooling No
Exterior
Utilities Available Yes
Others
Security Features Partial
Listed by ED LOWE LIMITED
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN