1 WATER Street Penetanguishene, ON$1,397,777

INVESTORS & ENTREPRENEURS - GREAT OPPORTUNITY TO BUY A BEAUTIFUL HISTORIC 1840s 2-STOREY 5700 sq ft BRICK BUILDING ON A HIGHLY VISIBLE MAJOR CORNER OF MAIN ST IN PENETANGUISHENE JUST A FEW BLOCKS FROM THE WATERFRONT. MAIN FLOOR INCLUDES 3 SEPARATE COMMERCIAL SPACES. SECOND FLOOR HAS 3 RESIDENTIAL APARTMENTS - A 3-BEDROOM SUITE & TWO 2-BEDROOM SUITES. FULL SPRAWLING BASEMENT WITH ACCESS TO PARKING IDEAL FOR STORAGE, SHIPPING AND RECEIVING. 2 VEHICLE GARAGE AT REAR. CURRENT OWNERS HAVE RUN AN ESTABLISHED SUCCESSFUL BUSINESS - GREEN BLOCK TRADING POST - FOCUSSING ON SALE OF NATIVE HANDMADE ITEMS, ARTIFACTS, ARTWORK, CRAFTS, BEADWORK; NAUTICAL ITEMS; URNS; KEY-CUTTING OPERATION AND TOBACCO PRODUCTS. VERY WELL MAINTAINED BUILDING WITH MAJOR IMPROVEMENTS AND UPGRADES (OVER $600,000) INCLUDING ROOF 2020, BOILER, A/C SYSTEM, UPDATED ELECTRICAL AND PLUMBING, FIRE-PROOFING, SIGNIFICANT UPGRADES TO APTS, NEW WINDOWS & DOORS ON 2ND LEVEL AND HANDPAINTED MURALS ON EXTERIOR OF DEPICTING HISTORY OF THE BUILDING. LOADED WITH ORIGINAL CHARACTER. OWNERS RETIRING. (id:32937)