$275,000

For sale

109 Pembroke Street West, Pembroke - Retail for Sale

109 Pembroke Street West, Pembroke, Ontario, K8A5M7

3 baths1 parking3,300 ft²Listed 111 days ago

Overview

This retail property in Pembroke is for sale offering roughly 3,300 sq ft of space. It has been on the market 111 days, fresher than the Pembroke average of 122 days.

Retail Space for Sale in Pembroke →All real estate in Pembroke →

Description

Situated in the vibrant heart of downtown Pembroke, this versatile 3,300 sq. ft. mixed-use FULLY rented commercial building offers an exceptional investment opportunity. The main floor boasts 1,650 sq. ft. which presently is the location Colony Skateboard shop a extreme sporting goods retail business, which has prime retail space, perfect for a boutique, café, or office. Upstairs, two separate recently renovated one-bedroom apartments provide steady rental income, each with its own charm including one unit with a roof top patio. Enjoy being steps away from boutique shops, restaurants, banks, local parks, Pembroke marina and the picturesque Ottawa River waterfront and kilometers of trails on the Algonquin trail system. This building also includes 1 laneway parking space. With close proximity to Algonquin College and easy access to Highway 417, this property blends business and lifestyle in one ideal location. Don't miss this rare chance to own a downtown Pembroke investment gem or the place to call home while operating YOUR business! (id:66096)

Property Details

MLS®: X13579386
Property Type: Retail
Zoning: C-3
Bathrooms: 3
Parking: 1
Interior Size: 3,300 ft²
Frontage: 17 ft
Building Area: 3,300 ft²
Heating: Forced air, Natural gas
Cooling: None
Property Tax: $4,102/yr
Listed: 111 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

111d

Pembroke listings, avg age

122d

Price / ft²

$83

List price

$275K

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.

Haho

This retail in Pembroke has been listed for 111 days, which is 11 days fresher than the city average of 122. Act while there is still low competition.

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Listed by RE/MAX PEMBROKE REALTY LTD. · Shawn Mcfarlane

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K8A)

This home lists at $275,000, about 3.7× the local median household income of $75,000.

Carrying it typically needs a household income of about $53,717 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$275,000· $83/ft²

For sale

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Financing

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