70 Main Street
Penetanguishene, Penetanguishene, L9M 1T4
$749,900
- 3 bathrooms
Listed 4 days ago · MLS® S14085944
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.
Details
- Type
- Commercial Retail
- Age
- 100+ years
- Lot
- 31 × 207.4 ft
- Garage
- None
- Property tax
- $5,500 (2026)
- Neighbourhood
- Penetanguishene
- Municipality
- Penetanguishene
Interior
- Bathrooms
- 3 × bathroom
Heating, cooling and services
- Heating
- Baseboard
- Air conditioning
- Yes
- Utilities
- Yes
Building and exterior
- Age
- 100+
- Building area
- 4,352 Square Feet
More
- Possession
- Flexible
- Cross street
- Hwy 93, Turn to Main St., on the left just north of Robert St
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Somewhat walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 1 grocery store, 4 cafés and restaurants, 3 parks. Nearest grocery: Foodland (300 m). Nearest park: Penatanguishene Memorial Park (250 m).
Schools nearby
Elementary
- École élémentaire Saint-Joseph Catholic · French
EQAO: Gr 6 reading 92%, math 69%8 min walk - Canadian Martyrs Catholic School Catholic
EQAO: Gr 6 reading 72%, math 0%10 min walk - Burkevale Protestant Separate School
EQAO: Gr 6 reading 89%, math 57%12 min walk - James Keating Public School
EQAO: Gr 6 reading 72%, math 37%13 min walk
Secondary
- École secondaire Le Caron French
EQAO: Gr 9 math 59%, literacy test 100%16 min walk - North Simcoe Learning Centre1.4 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area L9M
- Owners / renters
- 83% / 17%
- Median household income
- $76,000
- Average age
- 49
- Children under 15
- 11%
- Homes
- 80% detached
- Commute by transit
- 1%
- Population
- 16,607
Languages spoken most at home besides English: Polish 0.5%, Russian 0.3%, Gujarati 0.1%, Ojibway 0.1%.
Safety
Crime Severity Index for Southern Georgian Bay (Penetanguishene) (OPP): 54 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by Keller Williams Experience Realty.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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