1108 Pembroke Street E

Property facts

Price

$3,999,900

Type

commercial retail

Bedrooms

0

Bathrooms

0

MLS®

X13867036

Status

active

Brokerage

EXP REALTY

About this home

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.

Location