$3,999,900
Laurentian Valley
#B&C 1108 Pembroke Street East, Laurentian Valley, Ontario, K8A7R5
This retail property in Laurentian Valley is for sale. It has been on the market 30 days, fresher than the Laurentian Valley average of 98 days.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 30 days on market, against an average age of 98 days across the listings currently for sale in this city
This retail in Laurentian Valley has been listed for 30 days, which is 68 days fresher than the city average of 98. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $3,999,900, about 53.3× the local median household income of $75,000.
Carrying it typically needs a household income of about $781,320 (20% down, 25-yr amortization, stress-tested) — roughly 942% above the area median.
Source: Statistics Canada, 2021 Census (FSA K8A)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →No similar listings for sale right now.