A rare chance to own a versatile, income-generating property in the heart of Penetanguishene! Home to Captain Ken's Diner & Pub, a beloved local landmark operating since 1976. The main floor features a fully equipped, turnkey restaurant space, known for its high visibility, steady foot traffic, welcoming atmosphere, and loyal customer base. Above the restaurant, the second floor offers two large, 3-bedroom, 1-bath apartments, both currently tenanted providing reliable rental income. Highlighted by a deck/patio off the back unit. With prime Main Street frontage, on-site parking (5-6 cars), and flexible DW zoning, this property is ideal for restaurateurs, investors, or entrepreneurs. Whether you continue its long-standing tradition or bring your own vision, this is a rare chance to own a piece of Penetanguishene's history. Don't miss this incredible opportunity!
MLS# | S11973348 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 68 |
Listing Provided By | Keller Williams Co-Elevation Realty, Brokerage | S11973348 555000 |
Bath(s) | 3 |
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SQ Feet | 4,352 |
Acreage | 0.10 |
Province | ON |
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County | Simcoe |
City | Penetanguishene |
Postal Code | L9M 1T4 |
Area | Penetanguishene |
Listing VS Median (In L9M 1T4) | |
Price: $1,150,000 low | high Med: $1,150,000 SqFt: 4,352 low | high Med: 4,352 $ / SqFt: $264 low | high Med: $264 On site: 68 low | high Med: 68.000000 |