Jan Walker Gray

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4570 PENETANGUISHENE ROAD, Springwater, Ontario

$1,150,000

4,600 Square Feet

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. (id:50212)

Listing ID: S12094014
Property Type: Retail

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Details

Equipment: Air Conditioner, Furnace
Parking Spaces: 16
Rental Equipment: Air Conditioner, Furnace
Transaction: For sale
Zoning Description: General Commercial (Cg)

Building

Cooling: None
Fireplace Present: False
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 4600 sqft
Utility Water: Municipal water

Land

Size Frontage: 66 ft
Size Irregular: 66 x 164.7 FT

Listing provided by COLDWELL BANKER THE REAL ESTATE CENTRE
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 4570 PENETANGUISHENE ROAD in Springwater Ontario. It was last modified on March 30th, 2026. Contact Jan Walker Gray to schedule a viewing or to discover other Springwater properties for sale.

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