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59 Main Street

Penetanguishene, ON L9M 1S8

ActiveFor Sale
0 Beds
0 Baths
16,165 Sq Ft
8,094 Lot Sq Ft
Commercial
Virtual Tour Available

About This Property

The Subject Property Is A Landmark Building Located In The Heart Of Penetanguishene Downtown Core, Steps From Marinas & Town Docks, Restaurants, Shops & The Waterfront Rotary Park & Trails. Formerly Known As The Commodore Bar and Hotel, This Three-story Commercial Structure Occupies A Prominent Hilltop Location With Views Of Georgian Bay. The Building Features Approximately 16,000 SqFt Of Gross Building Area Across Multiple Levels. The Structure Is Of Historical Significance And Offers An Opportunity For The Right Investor To Renovate Or Redevelop. Zoning Allows For Commercial Retail & Service Establishment, Restaurant, Bar, Entertainment Venue, Hotel, Boutique Accommodations, Mixed-use Development (Commercial Ground Floor W/ Multiple Dwelling Units Above), Professional Offices & Business Services. Future Renovations Or Redevelopment Will Need To Align W/ Penetanguishene's Community Design Manual. This Building Is Vacant & Ready For Your Own Vision.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size16,165 sq ft
Lot Size8,094 sq ft
Bedrooms0
Bathrooms0
Postal CodeL9M 1S8
Last UpdatedAug 8, 2026 · 8:24 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® S12506528

Listed by RE/MAX CROSSTOWN REALTY INC.

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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$839,000

asking price

MLS®S12506528
TypeCommercial
CityPenetanguishene
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$4,097

/month · $671,200 mortgage

Down Payment20% — $167,800
Interest Rate5.5%

Amortization

Total Interest

$557,884

Total Cost

$1,229,084

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

RE/MAX CROSSTOWN REALTY INC.