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TRREB MLS® ListingInformation is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Brokerage: RE/MAX CROSSTOWN REALTY INC.Last Updated: Apr 11, 2026 at 12:30 PM EDTData provided by the Toronto Regional Real Estate Board (TRREB) via PropTx / AMPRE.
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59 Main Street, Penetanguishene, ON L9M 1S8, Penetanguishene, ON, L9M 1S8

MLS: S12506528 | Sale Of Business

$839,000

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Property Description

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.

Directions: HWY 93 North, into Main Street Penetanguishine. Corner of main St and Simcoe St

Quick Facts

  • Property Type: Sale Of Business
  • Bedrooms: None
  • Bathrooms: None
  • Lot Size: 8,094 sq ft (752.0 m²)

Costs

  • Annual Taxes: $4,458.78 (2025)

Listing Provided by: RE/MAX CROSSTOWN REALTY INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.

Detailed Features

Interior & Systems

  • Cooling: No
  • Utilities: Yes
  • Security: No

Lot & Land

  • Lot Size: 8,094 sq ft (752.0 m²)
  • Zoning: CG

Community & Neighbourhood

  • Neighbourhood: Penetanguishene

Listing Information

MLS® NumberS12506528
BoardToronto Regional Real Estate Board
Originating SystemToronto Regional Real Estate Board
BrokerageRE/MAX CROSSTOWN REALTY INC.
Date ListedNovember 4, 2025
Last UpdatedApril 11, 2026

Listing History

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Location & Neighborhood

📍59 Main Street, Penetanguishene, ON L9M 1S8, Penetanguishene, ON, L9M 1S8

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Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo

Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes

Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes

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Cathy Dou
Cathy Dou
Broker of Record
[email protected]647-691-6364
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59 Main Street, Penetanguishene, ON L9M 1S8, Penetanguishene, ON, L9M 1S8

ASAP
 
THU
14
May
FRI
15
May
SAT
16
May
SUN
17
May
MON
18
May
TUE
19
May
WED
20
May
MorningAfternoonEvening
Cathy Dou
Cathy Dou
Broker of Record
[email protected]647-691-6364
Ask a Question