8
See all 8 photos
$1,399,000
Est. payment /mo
11 Baths
10,000 SqFt
New
205 PEMBROKE STREET W Pembroke, ON K8A5N1
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 10000
Square Footage 10,000 sqft
Price per Sqft $139
Subdivision 530 - Pembroke
MLS® Listing ID X14168038
Property Description
Exceptional investment opportunity. The property features a diversified income stream consisting of multiple commercial units and residential apartments. Significant capital improvements have been completed throughout, including new roofs, furnaces and air conditioning systems, updated electrical, new windows and doors, and extensive interior and exterior painting. The commercial spaces have also been recently updated with new flooring and modernized restrooms, while several residential units have benefited from renovations and improvements.The commercial tenants are predominantly secured by longer-term leases, providing stability and predictability. With substantial capital improvements already completed, full occupancy and immediate income, this is an excellent opportunity for investors seeking a well-maintained mixed-use property with attractive returns and additional value-add potential.This fully occupied mixed-use investment offers an attractive 9% cap rate. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Forced air, Baseboard heaters,
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 10
Garage No
Private Pool No
Listed by VALLEY PROPERTY SHOP LIMITED
Nearby Locations
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