This lot in Pembroke is for sale offering roughly 8,547 sq ft of space. It has been on the market 91 days, fresher than the Pembroke average of 123 days.

Description

Unlock a steady, hassle-free income stream with this strategically located 8,500 sq. ft. asphalt parking lot in the heart of downtown Pembroke. Part of a two-property package, the lot is currently leased by Scotiabank until 2034, offering a secure, cash-generating opportunity with an established tenant. (id:66096)

Property Details

MLS®: X13641710
Property Type: Vacant Land
Zoning: Commercial
Interior Size: 8,547 ft²
Lot Size: 66 × 128 ft (8,451 sq ft)
Frontage: 66 ft
Property Tax: $4,046/yr
Listed: 91 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

91d

Pembroke listings, avg age

123d

Price / ft²

$23

List price

$200K

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 vacant land in Pembroke has been listed for 91 days, which is 32 days fresher than the city average of 123. Act while there is still low competition.

Set a price alert Book a showing

Listed by ROYAL LEPAGE EDMONDS & ASSOCIATES · Evan A. Davies

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K8A)

This home lists at $199,900, about 2.7× the local median household income of $75,000.

Carrying it typically needs a household income of about $39,047 (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)

$199,900· $23/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

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 →

Planning to build?

Before you offer on a development site, know what you can build. PreBuildIQ delivers zoning verdicts and required study scopes for any Ontario address in 60 seconds.

Check your site with PreBuildIQ →

186 Albert Street, Pembroke - Vacant Land for Sale