70 Main Street, Penetanguishene, ON L9M 1T4
Penetanguishene · Near Hwy 93, Turn to Main St., on the left just north of Robert St · View map
About this home
Discover an exceptional investment opportunity in the heart of Penetanguishene. This well-established mixed-use commercial property offers multiple income streams and outstanding long-term potential. Home to the iconic Captain Ken's Diner & Pub, a community favourite for decades, the main level features a fully equipped restaurant space with excellent Main Street exposure, strong visibility, and steady pedestrian and vehicle traffic.The second floor offers two spacious, 3-bedroom residential apartments, both currently tenanted and providing dependable rental income. Situated on a generous lot with six on-site parking spaces, municipal services, and flexible DW zoning, this freestanding building presents endless possibilities for investors, business owners, or entrepreneurs looking to expand their portfolio. Continue operating a successful restaurant, lease the commercial space, or explore future opportunities permitted within the zoning.With over 4,300 sq. ft. of total space, a central location just off Highway 93, and three established income-producing units, this is a rare opportunity to acquire a landmark property.
The home
- Type
- Commercial retail
- Square footage
- 4352 sq ft
- Bathrooms
- 3
- Lot size
- 31 x 207.4 ft
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Baseboard
- Air conditioning
- Yes
Garage & parking
- Driveway spaces
- 6
- Total parking
- 6
Taxes & other
- Property taxes
- $5,500/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Hwy 93, Turn to Main St., on the left just north of Robert St
- Neighbourhood
- Penetanguishene
More
- MLS® number
- S14085944
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
70 Main Street, Penetanguishene, ON L9M 1T4
Penetanguishene · Near Hwy 93, Turn to Main St., on the left just north of Robert St
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Listing history for 70 Main Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 70 Main Street
Answers come straight from this home’s MLS® listing.
How much is 70 Main Street listed for, and what would it cost each month?
70 Main Street is listed for $749,900. With 20% down ($149,980), the mortgage payment would be roughly $3,025 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,483 a month, all in. That figure is an illustration, not a quote.
Is 70 Main Street freehold or a condo, and is there a monthly fee?
70 Main Street is a commercial retail in Penetanguishene. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 70 Main Street have a garage and parking?
The listing does not show a garage. The driveway adds 6 spaces. In total the listing counts 6 parking spaces.
What style of home is 70 Main Street?
70 Main Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 70 Main Street, and what is the lot size?
The lot is listed as 31 x 207.4 ft.
How is 70 Main Street heated and cooled?
Heating is baseboard. Cooling is yes.
What are the property taxes for 70 Main Street?
Property taxes are $5,500 a year (2026), or about $458 a month.
Where is 70 Main Street?
70 Main Street is in Penetanguishene. The nearest main intersection is Hwy 93, Turn to Main St., on the left just north of Robert St. The postal code is L9M 1T4.
Is 70 Main Street still for sale?
Yes. It is an active listing (MLS® S14085944). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 70 Main Street asking?
Similar properties for sale nearby right now include 66 Main Street at $699,900, 156 ROBERT Street at $549,900 and 20 Navigator Road at $675,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 70 Main Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 70 Main Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Penetanguishene, picked by style, size and price.
Store w apt / office$699,90066 Main Street, PenetanguishenePenetanguisheneCourtesy of: ROYAL LEPAGE REALTY PLUSView home →
Commercial retail$549,900156 ROBERT Street, PenetanguishenePenetanguisheneCourtesy of: Team Hawke RealtyView home →
Vacant land$675,00020 Navigator Road, Penetanguishene0 bath · PenetanguisheneCourtesy of: ROYAL LEPAGE REALTY PLUSView home →Courtesy of: Keller Williams Experience Realty
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.