L9M Commercial Properties for Sale

Commercial Real Estate in L9M available for sale

L9M Commercial Property for Sale

2 Tessier Dr

Penetanguishene, ON L9M 1V4

Multifamily for Sale
$2,980,000 CAD
7,692 SF

Air Conditioning
Security System
Controlled Access
Kitchen
Smoke Detector

Penetanguishene Multifamily for Sale - Northern GGH

If you are looking for an absolutely turn key 12-unit apartment building, this is it. Priced at a 6.2 cap rate. This building has had extensive renovations in the past 5 years. You will not find a better investment opportunity. 9 one-bedroom apts and 2 one-bedroom with dens and 1 two-bedroom with new kitchens, bathrooms, flooring, doors, trim, some new electrical and plumbing, drywall, heating, laundry room, security room, paved parking, appliances, fire and smoke system, and revamped decks. Great downtown Penetanguishene location, walking distance to shopping, restaurants, and a beautiful trail system along the waterfront park on Georgian Bay. Very easy to find quality tenants in this location. Minimum 36 hours' notice to show the building. First visit, we will set up only 3 apartments to give you a good feel of the property. Listing agent must be present for all showings. Financials available upon request.

Contact:

Team Hawke Realty

Property Subtype:

Apartment

Date on Market:

2025-11-24

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156 Robert St W

Penetanguishene, ON L9M 1P8

Retail for Sale
$649,900 CAD
1,174 SF

Penetanguishene Retail for Sale - Northern GGH

MAJOR PRICE REDUCTION! This solid commercial building sits on a large corner lot in Penetanguishene and is zoned M1 (Industrial), offering a wide range of permitted uses. Located on an arterial road, the property provides excellent exposure and accessibility. This is a great opportunity to invest or establish your business in a growing waterfront community on Georgian Bay.

Contact:

Team Hawke Realty

Property Subtype:

Freestanding

Date on Market:

2025-10-09

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123 Robert St E

Penetanguishene, ON L9M 1H1

Land for Sale
$3,850,000 CAD
2.69 AC Lot

Penetanguishene Land for Sale - Northern GGH

The property is fully ready for architectural design, with all preliminary studies completed. A draft plan of subdivision has been finalized, and rezoning approval has been granted for 31 freehold townhouse units, 24 of which feature walkout designs. The rezoning approval accommodates a mix of one-, two-, and three-storey units, providing flexibility for varied housing styles and layouts. Final engineering plans are prepared and ready for submission. The site benefits from three road frontages, with sewer, water, gas, and hydro services available at the road, requiring only lateral tie-ins for servicing. In addition, a comprehensive stormwater management plan has been completed. The Town also offers an incentive program for rental units, presenting an excellent opportunity for developers seeking to include rental housing as part of the project.

Contact:

Lennard Commercial Realty

Property Subtype:

Commercial

Date on Market:

2025-11-17

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Commercial Properties for Sale in L9M

View All Available Listings

How many commercial properties are available for sale in L9M?

There are currently 3 commercial properties available for sale in L9M, offering a unique opportunity for businesses to establish a presence.

How big are the commercial properties available for sale in L9M?

The average size of commercial properties available for sale in Penetanguishene is about 4,433 SF. The largest commercial properties available to buy is 7,692 SF and the smallest is 1,174 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for commercial properties in L9M?

The average market cap rate for commercial properties for sale is about 6.20% based on data provided in L9M. Learn more about how cap rates are calculated.

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