259 Pembroke Street East, Pembroke, Ontario, K8A3J9
This office property in Pembroke is for sale offering roughly 2,394 sq ft of space. It has been on the market 64 days, fresher than the Pembroke average of 122 days.
Completely renovated mixed-use building in a high-traffic, highly sought-after location. This versatile property offers nearly 1,200 sq. ft. of commercial space on the main level and a 3-bedroom, 1-bathroom residential apartment on the second floor, making it ideal for investors or business owners looking to occupy or generate additional income. The commercial space features a fully accessible main entrance fronting onto Pembroke Street, as well as a convenient rear entrance from the parking lot, which provides ample parking for both clients and staff. Inside, you'll find four spacious offices filled with natural light, creating a bright and productive work environment. An unfinished basement offers excellent additional storage space. Upstairs, the residential unit includes three large bedrooms with abundant natural light, an open-concept kitchen and living area, and a private entrance from the parking lot leading to a spacious deck. A stunning spiral staircase connects the lower and upper levels and is currently closed off but could be reopened, allowing the upper level to be converted into additional office or commercial space if desired. A rare opportunity to own a turnkey mixed-use property with flexible potential in a prime location. Upgrades include: furnace and A/C 2024, all new windows 2022, metal roof, spray foam in attic 2023. 48 Hours Irrevocable on all written offers. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 64 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 office in Pembroke has been listed for 64 days, which is 58 days fresher than the city average of 122. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $679,900, about 9.1× the local median household income of $75,000.
Carrying it typically needs a household income of about $132,808 (20% down, 25-yr amortization, stress-tested) — roughly 77% above the area median.
Source: Statistics Canada, 2021 Census (FSA K8A)
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