34
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Est. payment /mo
4,600 SqFt
Active
4570 Penetanguishene RD Springwater, ON L0L 1V0
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,600 sqft
Subdivision Hillsdale
MLS Listing ID S12094014
Annual Tax Amount $5,062
Tax Year 2025
Property Sub-Type Commercial Retail
Lot Depth 164.7
Lot Front 66.0
Property Description
Excellent Investment Property. Annual income potential $130,000. Three Commercial Units On Main plus Two Residential 2 Bedroom Units On Upper Floor (Stores connect to apartments above for perfect live above work opportunity). Tenants Pay TMI and Utilities, Ample Parking for 15 vehicles, Access from busy Penetanguishene Road and also From Martin Street. Roof Updated Approximately 10 Years Ago, Some Windows Replaced, Kitchen upgraded, Furnace Replaced In 2018 (Rental). Large backyard with BBQ and picnic table and space can be fenced. Room to build a shed. Building Approximately 4,600 Square Feet. Conveniently located 2 minutes drive from Highway 400 and exit 121. Minutes to Horseshoe Value, Mount St Louis Moonstone Resort, and other ski resorts. A short drive to Awenda, Muskoka, Orr Lake, Georgian Bay Islands, Balm Beach, Midland, Penetanguishene, Innisfil, Barrie, Elmvale, Orillia, Wasaga, Lake Simcoe, 1-hr from Toronto, and more. Currently 2/3 commercial units are leased and both apartments are leased. Total 5 units in the building (3 commercial plus 2 apartments above). Building appraised for 1.2 million in December 2025.
Location
Province ON
County Simcoe
Area Simcoe
Zoning General Commercial (Cg)
Interior
Cooling No
Inclusions All equipment, appliances, light fixtures, office desk, couch.
Exterior
Utilities Available Available
Lot Frontage 66.0
Lot Depth 164.7
Others
Security Features No
ParcelsYN No
Listed by COLDWELL BANKER THE REAL ESTATE CENTRE
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NEARBY SCHOOL & BUSINESS
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