B&C - 1108 PEMBROKE STREET E
Laurentian Valley, Ontario
MLS® X13867036
$3,999,900
- Status
- Active
- Property type
- Retail
- MLS® number
- X13867036
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 11Listing description
Exceptional Investment & Future Development Opportunity in the Heart of Pembroke! Prime Location Within the Plaza - Units B & C Are Strategically Positioned on Both Sides of the Main Plaza Entrance, Offering Exceptional Visibility, Exposure and Easy Access, Making This One of the Best Locations Within the Entire Plaza. The Property Includes Units B & C With a Total Leasable Area of 11,247 Sq.
Ft. , Plus a Large, Square-Shaped Future Development Parcel Approximately 1. 20 Acres.
The Two Parcels Combined Total Approximately 3. 23 Acres, Offering Significant Long-Term Development Potential. The Plaza Features Ample On-Site Parking and Is 100% Leased With Two Strong and Stable Tenants, Including Boston Pizza and Reitmans, Both With Long-Term Leases in Place.
The Buyer Can Take Over the Existing Leases and Immediately Benefit From Stable Rental Income. Ideally Located in Pembroke's Major Commercial Hub, Directly Across From Quebec, and Surrounded by Major National Retailers Including Walmart, Canadian Tire, LCBO, Food Basics, Dollarama and TD Bank. Adding to the Area's Momentum, the River Pointe Master-Planned Riverside Community Is Now Under Construction Behind the Retail Hub, Bringing Nearly 1,000 New Homes to the Area (According to the Township of Laurentian Valley), Further Enhancing Future Demand and Development Potential.
A Rare Opportunity to Acquire a Highly Visible, Stable Income-Producing Commercial Asset With Established Long-Term Tenants, Excellent Parking, Prime Plaza Entrance Exposure and Significant Future Development Upside.
Property summary
- MLS® number
- X13867036
- Property type
- Retail
- Size
- 3 sq ft
- Land size
- 3.23 acres
- Annual property taxes
- $52,385.08
- Parking
- 60 spaces
- Days on market
- 4 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Lot features
- Irregular lot size
What would this home cost you?
Based on the $3,999,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXP REALTY, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.