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B&C - 1108 PEMBROKE STREET E, Laurentian Valley, Ontario

$3,999,900

3 sq ft

MLS® X13867036

Exceptional Investment & Future Development Opportunity in the Heart of Pembroke! Prime Location Within the Plaza - Units B & C Are Strategically Positioned on Both Sides of the Main Plaza Entrance, Offering Exceptional Visibility, Exposure and Easy Access, Making This One of the Best Locations Within the Entire Plaza. The Property Includes Units B & C With a Total Leasable Area of 11,247 Sq. Ft., Plus a Large, Square-Shaped Future Development Parcel Approximately 1.20 Acres. The Two Parcels Combined Total Approximately 3.23 Acres, Offering Significant Long-Term Development Potential. The Plaza Features Ample On-Site Parking and Is 100% Leased With Two Strong and Stable Tenants, Including Boston Pizza and Reitmans, Both With Long-Term Leases in Place. The Buyer Can Take Over the Existing Leases and Immediately Benefit From Stable Rental Income. Ideally Located in Pembroke's Major Commercial Hub, Directly Across From Quebec, and Surrounded by Major National Retailers Including Walmart, Canadian Tire, LCBO, Food Basics, Dollarama and TD Bank. Adding to the Area's Momentum, the River Pointe Master-Planned Riverside Community Is Now Under Construction Behind the Retail Hub, Bringing Nearly 1,000 New Homes to the Area (According to the Township of Laurentian Valley), Further Enhancing Future Demand and Development Potential. A Rare Opportunity to Acquire a Highly Visible, Stable Income-Producing Commercial Asset With Established Long-Term Tenants, Excellent Parking, Prime Plaza Entrance Exposure and Significant Future Development Upside. (id:56426)

KEVIN LIU

Listed by EXP REALTY

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The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
14,364
Median household income
$63,200
Median home value
$250,000
Owner-occupied
58%
Homes for sale
96
Median list price
$399,900

Source: Statistics Canada 2021, LiveBy

Map of Pembroke
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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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