59 MAIN STREET, Penetanguishene, Ontario
$1,300,000
- 16,165 Square Feet
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. (id:23309)
- Listing ID: S13727236
- Property Type: Business
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 59 MAIN STREET in Penetanguishene Ontario. It was last modified on September 1st, 2026. Contact Jason Hughes to schedule a viewing or to discover other Penetanguishene real estate for sale.