Michael Tzakas
Sales Representative
RE/MAX Hallmark Realty Ltd, Brokerage
Independently owned and operated.
685 Sheppard Ave East, Richmond Hill, Ontario M2K 1B6
Cell: 416-561-3911Office: 416-494-7653
$1,300,000
Available - For Sale
Listing ID: S13727236
59 Main Street , Penetanguishene, L9M 1S8, Simcoe
| 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. |
| Price | $1,300,000 |
| Taxes: | $4458.78 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 59 Main Street , Penetanguishene, L9M 1S8, Simcoe |
| Postal Code: | L9M 1S8 |
| Province/State: | Simcoe |
| Legal Description: | PT LT A SUBDIVISION B E/S PENETANGUISHEN |
| Directions/Cross Streets: | Main St and Simcoe St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | With Property |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 16165.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | F |
| Franchise: | F |
| Days Open: | V |
| Hours Open: | Varies |
| Employees #: | 0 |
| Seats: | 0 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | None |
| Central Air Conditioning: | No |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX CROSSTOWN REALTY INC. |
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|
Michael Tzakas
Sales Representative
Dir:
416-561-3911
Bus:
416-494-7653
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Simcoe |
| Municipality: | Penetanguishene |
| Neighbourhood: | Penetanguishene |
| Tax: | $4,458.78 |
| Fireplace: | N |
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