1116 Pembroke Street Image 1

$850,000

Oct 10, 2024Land For Sale
bedroomsbed
washrooms0bath
MLS - #X9391241

1116 Pembroke Street, Laurentian Valley, ON K8A 7R5

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Average Price
85000000.0%
Higher than average

Price Comparison

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Property Description

Property type

Land

Lot size

N/A

Style

Approx. Area

N/A

About 1116 Pembroke Street

Located on the main road through the city of Pembroke, Ontario 3 properties North of the intersection at Robinson Lane. Public Remarks: A high-traffic 43,227 square feet (0.992 acres) highway commercial site for sale on the main strip in Pembroke, Ontario. Zoning permits a gas station, restaurant, retail, office, mixed-use, and low-rise multifamily development. Concept plan for a gas station with car wash, convenience store, and drive-through QSR prepared. The existing home is currently occupied by the seller and will be delivered vacant to the successful buyer. The property is situated next to Walmart and Boston Pizza with proximity to numerous major retailers including Canadian Tire, and Dollarama all along Pembroke Street. The adjacent property to the North is also available and may be added to this site as an assembly for an additional $500,000. There is a residential home on this adjacent property that is in reasonably good condition and can be rented during a planning period. Add this adjacent site to increase your development area by 25596.55 sq.ft (0.588 ac) for a total of 1.55 acres. Rapidly growing area. There is a residential home on site. It can be refurbished, or torn down in favour of a new commercial, mixed-use, or multifamily development.

Home Overview

Last updated

Oct 11, 2024

Virtual tour

None

Basement information

Building size

43227

Status

In-Active

Property sub type

Land

Maintenance fee

$N/A

Year built

--

Listed by KELLER WILLIAMS LEGACIES REALTY

Additional Details

Basement:N/A
Cooling:N/A
Heating:N/A
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$3246.42/ month
$680,000 Principal and Interest
$816,000 Property Taxes

Location

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Walk Score for 1116 Pembroke Street

Some information about this property - Pembroke Street

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