B&C - 1108 PEMBROKE STREET E, Laurentian Valley

$3,999,900

For sale: Other

Other at B&C - 1108 PEMBROKE STREET E, Laurentian Valley
Property type
Commercial Retail
MLS®
MLS® X13867036
Neighbourhood
531 - Laurentian Valley

Exceptional Investment & Future Development Opportunity in the Heart of Pembroke! Prime Location Within the Plaza - Units B & C Are Strategically Positioned on Both Sides of the Main Plaza Entrance, Offering Exceptional Visibility, Exposure and Easy Access, Making This One of the Best Locations Within the Entire Plaza. The Property Includes Units B & C With a Total Leasable Area of 11,247 Sq. Ft., Plus a Large, Square-Shaped Future Development Parcel Approximately 1.20 Acres. The Two Parcels Combined Total Approximately 3.23 Acres, Offering Significant Long-Term Development Potential. The Plaza Features Ample On-Site Parking and Is 100% Leased With Two Strong and Stable Tenants, Including Boston Pizza and Reitmans, Both With Long-Term Leases in Place. The Buyer Can Take Over the Existing Leases and Immediately Benefit From Stable Rental Income. Ideally Located in Pembroke's Major Commercial Hub, Directly Across From Quebec, and Surrounded by Major National Retailers Including Walmart, Canadian Tire, LCBO, Food Basics, Dollarama and TD Bank. Adding to the Area's Momentum, the River Pointe Master-Planned Riverside Community Is Now Under Construction Behind the Retail Hub, Bringing Nearly 1,000 New Homes to the Area (According to the Township of Laurentian Valley), Further Enhancing Future Demand and Development Potential. A Rare Opportunity to Acquire a Highly Visible, Stable Income-Producing Commercial Asset With Established Long-Term Tenants, Excellent Parking, Prime Plaza Entrance Exposure and Significant Future Development Upside.

Sold data

Homes in Laurentian Valley — recent sold market

Homes in Laurentian Valley took a median of 27 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 53, across 109 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 31 days.

The median sale price was $524,900.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 19% of sales closed above the list price.

Around 30% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$524,900
Sale-to-list ratio
97.9%
Sold above asking
19%

Based on 109 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near B&C - 1108 PEMBROKE STREET E