205 Pembroke Street
Pembroke, K8A 5N1
FOR SALE
$1,399,000
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Commercial Retail
CATEGORY 6,000 Sq Ft
RETAIL AREA X14168038
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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.
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Property Details
Address
205 Pembroke Street
Community
City
Postal Code
K8A 5N1
Property Type
Commercial Retail, Commercial Retail
Use
Multi-Use
Zoning
C3 Commercial
Lot Size
106' x 111'
Retail Area
6,000 Sq Ft
Taxes
$18,922 (2026
Heat Type
Gas Forced Air Closed
Water
Municipal
Parking Spaces
10
Garage Type
None
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Listing contracted with Valley Property Shop Limited
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