1116 Pembroke Street E Laurentian Valley, Ontario K8A 7R5

$850,000

Located on the main road through the city of Pembroke, Ontario 3 properties North of the intersection at Robinson Lane. Public Remarks: 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. There is a residential home on site. It can be refurbished, or torn down in favour of a new commercial, mixed-use, or multifamily development. (id:52603)

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https://www.realtor.ca/real-estate/27527813/1116-pembroke-street-e-laurentian-valley