201 Pembroke Street W Pembroke, Ontario K8A 5N1
$1,199,000
This fully renovated, mixed-use building offers a unique investment opportunity in the heart of Downtown Pembroke. With a prime location and exceptional upgrades, this property includes 1,600 sq ft of commercial space on the main level and four luxury residential apartments across two floors. The commercial space is currently vacant, giving you the flexibility to put your own business in there while benefiting from the income generated by the four residential units. The main level also includes a spacious, modern studio apartment with 12-foot ceilings, offering a comfortable living space with charm and character. The second level features three high-end, fully renovated residential units: one 1-bedroom apartment and two 2-bedroom apartments. Each unit showcases luxurious finishes, open-concept layouts, and in-unit laundry for added convenience and parking. The apartments are designed with modern fixtures and high-end materials, ensuring premium tenant appeal and long-term rental potential. There is also a full, dry basement for extra storage. With its mix of commercial and residential space, this property offers diverse income streams, a prime location, and significant potential for future appreciation. Whether you're looking to expand your portfolio or seeking a hands-off investment with reliable tenants, this is an opportunity not to be missed. 48 Hours Irrevocable on all written offers. (id:65396)
Property Details
| MLS® Number | X14129780 |
| Property Type | Retail |
| Community Name | 530 - Pembroke |
Building
| Age | 100+ Years |
| Appliances | Dryer, Washer |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | No Heat, Forced Air |
| Size Exterior | 4500 Sqft |
| Size Interior | 4,500 Sqft |
| Type | Residential Commercial Mix |
Land
| Acreage | No |
| Size Depth | 100 Ft |
| Size Frontage | 36 Ft ,6 In |
| Size Irregular | Bldg=36.5 X 100 Ft |
| Size Total Text | Bldg=36.5 X 100 Ft |
| Zoning Description | C-3 |
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