641 NELSON STREET, Pembroke

$1,100,000

For sale: Other

Other at 641 NELSON STREET, Pembroke
Property type
Commercial Retail
MLS®
MLS® X13636502
Neighbourhood
530 - Pembroke

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.

Sold data

Homes in Pembroke — recent sold market

Homes in Pembroke took a median of 33 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 52, across 63 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.

The median sale price was $399,900.

Homes sold for about 3.5% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 32% of sellers reduced their price before finding a buyer.

Median days to sell
33
Median sale price
$399,900
Sale-to-list ratio
96.5%
Sold above asking
5%

Based on 63 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Pembroke

Pembroke has 11 Fraser Institute–rated schools (8 elementary and 3 secondary), averaging 5.4/10.

Rated schools
11
Elementary
8
Secondary
3
Average rating
5.4 / 10

Top-rated schools in Pembroke

  • Jeanne-Lajoie — secondaryFraser rating 8.2/10
  • Our Lady of Lourdes — elementaryFraser rating 8.1/10
  • Bishop Smith — secondaryFraser rating 7.3/10
  • Cathedral — elementaryFraser rating 6.8/10
  • Pine View — elementaryFraser rating 5.3/10
  • Rockwood — elementaryFraser rating 4.9/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 641 NELSON STREET