Commercial retail property located at 334 Boundary Road E in Pembroke, offering an opportunity for investors and business owners. Currently operating as an automotive dealership, the property presents potential for continued automotive use or alternative commercial uses, subject to zoning and applicable approvals. The sale includes the real estate only; the existing business is not included in the purchase price. The seller is open to considering separate offers for the existing automotive dealership business and dealer licenses, including established financing relationships with major prime and non-prime lenders. **The seller has expressed interest in remaining as a tenant following the sale of the property**, providing a potential leaseback opportunity for investors. An opportunity to acquire a commercial property with the possibility of rental income from the existing operator. (id:28469)
Facts & features
Property
MLS® Number
X14140948
Property Type
Retail
Community Name
530 - Pembroke
Building
Appliances
Water Heater
Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Size Interior
2,153 Sqft
Utility Water
Municipal Water
Parking
Other
—
Land
Acreage
Yes
Size Depth
325 Ft ,7 In
Size Frontage
253 Ft ,6 In
Size Irregular
2152.78
Size Total
2152.78 Ac
Size Total Text
2152.78 Ac
Zoning Description
C-2
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
$3,985/mo
Ontario land transfer tax
$14,475 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.