353 MacKay Street, Pembroke - Business for Sale
353 MacKay Street, Pembroke, Ontario, K8A1C8
This business in Pembroke is for sale offering roughly 11,000 sq ft of space. It has been on the market 33 days, fresher than the Pembroke average of 122 days.
Description
Few properties capture the imagination quite like 353 MacKay Street. Originally the Dunlop family estate, this iconic Ottawa Valley landmark was later known as the Grey Gables Inn and Oak Door Restaurant, becoming one of the region's most recognizable hospitality destinations. This remarkable property also served as a filming location for the 2018 Hallmark movie Pride, Prejudice, and Mistletoe, adding another unique chapter to its rich history. The inn and restaurant are not currently operating, presenting an extraordinary opportunity for a new owner to reimagine this remarkable property. Rich in character, the estate features nine guest accommodations, including elegant suites, each with its own private ensuite bathroom, along with two self-contained apartments. Grand fireplaces, timeless architecture, beautifully preserved period details, an inviting outdoor dining area, and picturesque grounds create an unforgettable setting for guests and visitors alike. Significant capital improvements include updated electrical and most plumbing (2018), a new roof (2019), updated furnace and air conditioning (2021), and new hot water tanks (2022). Whether your vision is to revive its hospitality roots, create a boutique inn, a luxury retreat, a premier event venue, or pursue another commercial venture, this is a once-in-a-generation opportunity to write the next chapter of one of the Ottawa Valley's most treasured landmark properties. (id:66096)
Property Details
- MLS®
- X13852738
- Property Type
- Business
- Zoning
- Commercial
- Interior Size
- 11,000 ft²
- Lot Size
- 39,422 sq ft (0.90 ac)
- Frontage
- 132 ft
- Building Area
- 11,000 ft²
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $22,308.32/yr
- Listed
- 33 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 33 days on market, against an average age of 122 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 97.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Pembroke has been listed for 33 days, which is 89 days fresher than the city average of 122. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K8A)
This home lists at $2,690,000, about 35.9× the local median household income of $75,000.
Carrying it typically needs a household income of about $525,451 (20% down, 25-yr amortization, stress-tested) — roughly 601% above the area median.
- Median household income
- $75,000
- Population
- 26,392
- Median age
- 45.6
- Owner / renter
- 70% / 30%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA K8A)
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$2,690,000
Pembroke