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193 Pembroke Street Image 1

$275,000

$299,900
8.3% dropped

Last price change Apr 15

Mar 12Investment For Sale
bedroomsbed
washrooms0bath
MLS - #X12015844

193 Pembroke Street, Pembroke, ON K8A 5N1

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Average Price
27500000.0%
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Price Comparison

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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 193 Pembroke Street

Unique Redevelopment Opportunity: The Centre Theatre, Pembroke, Ontario - this is a rare opportunity to breathe new life into a historic building in the heart of Pembroke, Ontario. The old Centre Theatre, a staple of the community for decades, is now available for sale. The property is in need of extensive renovation, offering a blank canvas for creative redevelopment. The current owner has fulfilled all municipal work orders, ensuring that the property is ready for the next phase of transformation. Situated in the vibrant downtown core of Pembroke, this property benefits from high visibility and foot traffic. The central location makes it ideal for a variety of uses, whether you're looking to create a retail or commercial space that draws customers, or develop residential units that cater to the growing demand for housing in the area. Generous lot with ample space for redevelopment. Current zoning is C3 making it suitable for a range of uses including retail, residential, commercial or mixed-use developments (subject to municipal approval). All work orders have been addressed and closed by the current owner, ensuring a smooth transition for future development. Transform the space into a dynamic retail hub that takes advantage of the areas foot traffic, or explore mixed-use options for retail, residential and/or commercial units. Maintain the building's architectural charm while upgrading it for modern use, capitalizing on the rich history of the Centre Theatre. Whether you're an investor, developer, or business owner, this is an exciting opportunity to create something unique and impactful in the heart of Pembroke. Don't miss out on this redevelopment gem - inquire today!

Home Overview

Last updated

Apr 15

Virtual tour

None

Basement information

Building size

4726

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2024

Listed by ROYAL LEPAGE EDMONDS & ASSOCIATES

Additional Details

Basement:N/A
Cooling:No
Heating:None
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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