For Sale · Retail

207 NELSON STREET, Pembroke

207 NELSON STREET, Pembroke, ON K8A3N1

$679,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

98%

About this property

Exceptional commercial investment and owner-operator opportunity in a high-visibility Pembroke location. This custom-built commercial property offers approximately 8,500 sq. ft. of versatile space on a prominent site with parking for 50+ vehicles. Features include a large commercial kitchen with equipment, multiple accessible entrances, a spacious main level and large windows offering impressive views of the Ottawa River and Laurentian Mountains. Direct access to the Algonquin Trail provides a unique advantage for hospitality, tourism and recreational businesses. Excellent exposure and convenient access to downtown Pembroke, Algonquin College, the marina and Pembroke Memorial Centre. Numerous recent improvements. Liquor licence capacity of 532. Flexible layout offers potential for a variety of commercial applications, including restaurant, pub, event venue, retail, medical, office, fitness and more. Potential to accommodate multiple tenants or an owner-operator. A rare opportunity to acquire a highly adaptable commercial property in the heart of the Ottawa Valley. (id:66811)

Financial sandbox

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Estimate
Purchase price$679K
Down payment30% · $204K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$38K

Annual cash flow

$706

Cash-on-cash

0.35%

DSCR

1.02

Going-in cap

5.65%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

74,414

Households

31,654

Median income

$103,500

Median age

33

Daytime population

109,874

5-yr growth

0.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 207 NELSON STREET, Pembroke.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.