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$ 299,900
Est. payment /mo
Active
193 Pembroke ST W Pembroke, ON K8A 5N1
4,726 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,726 sqft
Price per Sqft $63
Subdivision 530 - Pembroke
MLS Listing ID X12015844
Annual Tax Amount $3,086
Tax Year 2024
Property Sub-Type Investment
Property Description
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!
Location
Province ON
County Renfrew
Community 530 - Pembroke
Area Renfrew
Zoning Commercial
Interior
Cooling No
Exterior
Utilities Available Available
Lot Frontage 47.17
Lot Depth 101.0
Listed by ROYAL LEPAGE EDMONDS & ASSOCIATES