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Investment signal

$529,900

45 PEMBROKE STREET

Save this home

Beds

Baths

1

Sqft

6,000

Year

Type

Retail

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Pembroke. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Prime downtown investment opportunity in the heart of Pembroke! This oversized, two-storey commercial building offers approximately 6,000 sq. ft. of versatile retail space, ideal for a wide range of business ventures. Featuring impressive high ceilings and expansive windows, the interior is filled with natural light, creating a bright and inviting atmosphere for customers and staff alike.The property includes a convenient loading bay area for seamless deliveries and operations, along with numerous recent updates throughout, allowing for a turnkey or easily customizable space. Ample nearby public parking ensures easy access for clientele, while the central location places you steps from local banks, restaurants, and other key amenities.Currently operating as a sporting goods retail store, this well-maintained building presents endless potential for investors, entrepreneurs, or established businesses looking to expand or relocate. Whether you envision retail, showroom, or mixed-use commercial space, this property offers the flexibility and exposure to bring your business to the next level.Don't miss this exceptional opportunity to establish your presence in a thriving downtown core. (id:65958)

Subtype
Retail
Community
530 - Pembroke
Living area
6,000 square feet
Lot dimensions
Bldg=29.94 x 99.11 FT
On market
Apr 10, 2026
Status changed
Apr 24, 2026
Annual tax
$7,400
Zoning
C 3
Photos
20
MLS#
X12985574
Area
PEMBROKE

Features and systems

Heating

Forced airNatural gas

Cooling

Fully air conditioned
Negative cash flow ~$616/mo at these assumptions

Cash on cash

-6.97%

Cap rate

3.47%

GRM

16.7

Break-even rent

$3,298

Financing

Down payment$105,980
Loan amount$423,920
Mortgage$2,148/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$243
Insurance$80
Maintenance$442
CapEx reserve$221
Vacancy loss$133

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,148/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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