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205 Pembroke Street W

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  • 11 Bathroom
  • 10,000 sqft
  • Fully Air Conditioned
  • Forced Air, Baseboard Heaters

$1,399,000

Exceptional investment opportunity. The property features a diversified income stream consisting of multiple commercial units and residential apartments. Significant capital improvements have been completed throughout, including new roofs, furnaces and air conditioning systems, updated electrical, new windows and doors, and extensive interior and exterior painting. The commercial spaces have also been recently updated with new flooring and modernized restrooms, while several residential units have benefited from renovations and improvements.The commercial tenants are predominantly secured by longer-term leases, providing stability and predictability. With substantial capital improvements already completed, full occupancy and immediate income, this is an excellent opportunity for investors seeking a well-maintained mixed-use property with attractive returns and additional value-add potential.This fully occupied mixed-use investment offers an attractive 9% cap rate. (id:66888)

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Details

Property Details
MLS® Number X14168038
Property Type Retail
Community Name 530 - Pembroke
Parking Space Total 10
Building
Bathroom Total 11
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air, Baseboard Heaters
Size Interior 10,000 Sqft
Utility Water Municipal Water
Land
Acreage No
Size Depth 111 Ft
Size Frontage 106 Ft
Size Irregular 106 X 111 Ft
Size Total Text 106 X 111 Ft
Zoning Description C3 Commercial

Map

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