70 Main St

About this Property

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.

Listing Details

MLS #

S14085944

Board

PROPTX

Market

ontario

Property Type

Commercial/Retail

Style

Multi-Use

Year Built

100+

Garage

None

Parking Spaces

6

Basement

Y

Heating

Baseboard

Cooling

Y

Lot Size

31 × 207.4 ft

Annual Taxes

$5,500/yr

Listed By

Keller Williams Experience Realty

Listed On

October 16, 2026