66 MAIN STREET, Penetanguishene

$699,900

For sale: Other

Other at 66 MAIN STREET, Penetanguishene
Property type
Store W Apt/Office
MLS®
MLS® S13671840
Neighbourhood
Penetanguishene

Live/work opportunity for entrepreneur or investor in Historical Penetanguishene on the Shores of Georgian Bay. This solid building is located in the centre of Town within view of the Town Dock and featuring street parking and municipal lots steps away. Walkable to all amenities including restaurants, shopping, banks, medical centre. Rare feature: this property is being sold with 5 Nettleton Drive; a 50' x 50' lot directly behind the building offers additional parking for owners or tenants; a rare find in this town setting. Family owned business in operation for 70+ years with an elegant 3 bedroom apartment on 2nd floor with separate front entrance as well as direct store access. Spacious 3rd floor offers great views over the Bay and could be further developed to accommodate larger family. Opportunity to re-imagine the use for this building with retail, medical provider or service business on the main floor and the possibility to create new separate living spaces on the upper levels for additional income. Retail store has drop ceiling which could be opened to approximately 12'. High, dry basement perfect for retail storage or other potential uses. Many opportunities in this growing area with lots of new developments, tourism, cottagers and plenty of GTA transplants making Simcoe their new home. Georgian Bay Hospital is 3 minutes away; good variety of new and expanding medical centres with family doctors accepting new patients. Good schools. 8 minutes to Midland, 35 minutes to Barrie, 90 minutes to Pearson Airport. Boat cruises from the Town Dock, Discovery Harbour, Awenda Provincial Park close by. This vibrant community is growing and offers a friendly community spirit, great outdoor recreation including community centres, arenas, golf courses, parks, biking, hiking, snowmobile trails and undoubtedly some of the best boating to be found anywhere. Make a lifestyle choice to live, work and play on beautiful Georgian Bay.

Sold data

Homes in Penetanguishene — recent sold market

Homes in Penetanguishene took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 61, across 42 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.

The median sale price was $574,950.

Homes sold for about 4.1% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$574,950
Sale-to-list ratio
95.9%
Sold above asking
5%

Based on 42 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Penetanguishene

Penetanguishene has 6 Fraser Institute–rated schools (5 elementary and 1 secondary), averaging 4.7/10.

Rated schools
6
Elementary
5
Secondary
1
Average rating
4.7 / 10

Top-rated schools in Penetanguishene

  • BurkevaleelementaryFraser rating 7.6/10
  • St Ann'selementaryFraser rating 6.1/10
  • St-JosephelementaryFraser rating 5.7/10
  • Le CaronsecondaryFraser rating 4.8/10
  • James KeatingelementaryFraser rating 2.2/10
  • Canadian MartyrselementaryFraser rating 2.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 66 MAIN STREET