4570 Penetanguishene Road, Springwater, ON

$1,150,000

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About 4570 Penetanguishene Road

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.

Features of 4570 Penetanguishene Road

MLS® # S12094014
Price $1,150,000
Bathrooms 0.00
Type Commercial
Sub-Type Commercial Retail
Status Active

Community Information

Address 4570 Penetanguishene Road
Area Simcoe
Subdivision Hillsdale
City Springwater
Province ON
Postal Code L0L 1V0

Amenities

Parking Spaces 16
Garages None
Is Waterfront No

Interior

Heating Gas Forced Air Open
Cooling No
Fireplace No

Listing Details

OfficeCOLDWELL BANKER THE REAL ESTATE CENTRE

Listing Map