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$ 850,000
Est. payment /mo
Active
1116 PEMBROKE ST E Pembroke, ON K8A 7R5
0.99 Acres Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1415941
Annual Tax Amount $3,203
Tax Year 2024
Lot Size 0.992 Acres
Property Sub-Type Commercial Land
Property Description
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.
Location
Province ON
Building
Sewer Sewer Connected
Water Municipal
Listed by KELLER WILLIAMS INTEGRITY REALTY