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.
| MLS® Number | S13550774 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Commercial |
| Interior Size | 4,352 sq ft |
| Lot Size | 6,429 sq ft |
| Beds / Baths | 0 bed · 3 bath |
| Neighbourhood | Penetanguishene |
| City | Penetanguishene |
| Postal Code | L9M 1T4 |
| Province | ON |
| Listed Date | July 10, 2026 |
| Days on Market | 0 |
| Price per Sq Ft | $195 |
| Brokerage | Keller Williams Experience Realty |
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