Great Cap rate offering.....Well known throughout the Pembroke area, the Talk of the Town property presents a unique opportunity to acquire a highly functional commercial asset with immediate operational value and exceptional long-term redevelopment potential. The property offers flexibility for a wide range of commercial uses. Continue operating as an car wash facility, reposition the building for another commercial operation, or explore redevelopment opportunities, subject to municipal approvals. Numerous recent improvements- updated pavement, wall panels throughout the wash bays, serviced mechanical systems. Ideal For investors, entrepreneurs, or owner-operators seeking a recognizable commercial property with strong future upside, this offering represents an exceptional opportunity in the growing Pembroke market. (id:28469)
Business
Business Type
Automobile
Business Sub Type
Automotive
Facts & features
Property
MLS® Number
X13636502
Property Type
Retail
Community Name
530 - Pembroke
Building
Cooling Type
None
Heating Type
Hot Water
Size Interior
28,051 Sqft
Land
Acreage
No
Size Depth
160 Ft ,9 In
Size Frontage
213 Ft ,2 In
Size Irregular
213.2 X 160.79 Ft
Size Total Text
213.2 X 160.79 Ft
Zoning Description
C3 - Central Commercial Zone
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
$4,871/mo
Ontario land transfer tax
$18,475 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.