205 Pembroke Street W Pembroke, Ontario K8A 5N1

$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:43934)

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