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! (id:47423)
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Detailed Information
Bathrooms
3
Lot
31 x 207.33 ft
Listing Contract Date
2025-02-14
Location Description
Hwy 93, Turn to Main St., on the left just passed Robert St
# of Parking Spaces
6
Property Type
Retail
Transaction Type
For sale
Zoning Description
DW
Building
Cooling Type
Fully air conditioned
Heating Type
Baseboard heaters
Size (Exterior)
4352 square feet
Utility Water
Municipal water
Land
Total Size
Bldg=31 x 207.4 FT ; 37.95ft x 207.31ft x 40.69ft x 207.04
Size of Irregular Land
Bldg=31 x 207.4 FT ; 37.95ft x 207.31ft x 40.69ft x 207.04
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