Exceptional commercial investment and owner-operator opportunity in a high-visibility Pembroke location. This custom-built commercial property offers approximately 8,500 sq. ft. of versatile space on a prominent site with parking for 50+ vehicles. Features include a large commercial kitchen with equipment, multiple accessible entrances, a spacious main level and large windows offering impressive views of the Ottawa River and Laurentian Mountains. Direct access to the Algonquin Trail provides a unique advantage for hospitality, tourism and recreational businesses. Excellent exposure and convenient access to downtown Pembroke, Algonquin College, the marina and Pembroke Memorial Centre. Numerous recent improvements. Liquor licence capacity of 532. Flexible layout offers potential for a variety of commercial applications, including restaurant, pub, event venue, retail, medical, office, fitness and more. Potential to accommodate multiple tenants or an owner-operator. A rare opportunity to acquire a highly adaptable commercial property in the heart of the Ottawa Valley. (id:28469)
Facts & features
Property
MLS® Number
X14168034
Property Type
Retail
Community Name
530 - Pembroke
Parking Space Total
50
Building
Cooling Type
Partially Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Size Interior
8,500 Sqft
Utility Water
Municipal Water
Land
Acreage
No
Size Depth
162 Ft
Size Frontage
198 Ft
Size Irregular
198 X 162 Ft
Size Total Text
198 X 162 Ft
Zoning Description
C3 - Commercial
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$3,006/mo
Ontario land transfer tax
$10,055 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.