Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

205 Pembroke Street W Pembroke, Ontario K8A 5N1

11 Bathroom 10,000 sqft
Fully Air Conditioned Forced Air, Baseboard Heaters

$1,399,000

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:67947)

Property Details

MLS® Number X14168038
Property Type Retail
Community Name 530 - Pembroke
Parking Space Total 10

Building

Bathroom Total 11
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air, Baseboard Heaters
Size Interior 10,000 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Depth 111 Ft
Size Frontage 106 Ft
Size Irregular 106 X 111 Ft
Size Total Text 106 X 111 Ft
Zoning Description C3 Commercial

https://www.realtor.ca/real-estate/30500097/205-pembroke-street-w-pembroke-530-pembroke

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Matt Bimm, Valley Property Shop Limited · Victoria Mackie, Valley Property Shop Limited

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.