A&b - 79 King Street W,Cobourg, ON K9A2M4
Cobourg, ON K9A2M4
Description
Exceptional opportunity to own two commercial condominium units in the heart of Downtown Cobourg's vibrant business, shopping and tourist district. Ideally positioned on bustling Main Street, these contemporary, well-renovated units offer excellent storefront exposure, large display windows, high ceilings and the flexibility of both investment income and owner occupancy. The two units are connected by a shared front vestibule while maintaining completely separate, private spaces and have successfully operated independently for years. Subject to condominium approval, there may also be potential to combine them into one larger commercial space. Unit A is currently occupied by a long-term office tenant and features a welcoming reception area, four private offices, storage/file cabinetry and rough-ins for two 2-piece washrooms, providing immediate income for an investor. Unit B offers a bright, open-concept retail/commercial space previously occupied by a successful retail business. The space features high ceilings, updated flooring and excellent Main Street visibility, making it well suited for retail, professional services, a boutique, studio or other commercial uses. Enjoy a highly walkable location steps from Cobourg's Marina, Yacht Club, harbour, waterfront, Esplanade and beach, surrounded by banks, professional services, restaurants, cafés, boutiques, Victoria Hall, the Art Gallery and Concert Hall. The VIA Rail station is approximately one block away, with convenient access to Highway 401 and approximately 100 km to Toronto. A unique turnkey opportunity offering income, flexibility and exceptional exposure in one of Downtown Cobourg's most established commercial districts. Occupy one unit while generating income from the other, lease both, or explore the potential to combine the spaces to suit your business needs. (id:13843)
Details
| MLS # | X13807686 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Status | Active |
| Days On Site | 42 |
| Listing Provided By | SAM MCDADI REAL ESTATE INC. | SAM ALLAN MCDADI |
Features
| Bath(s) | 2 Total |
|---|---|
| SQ Feet | 2,263 |
| Zoning | Main Commercial |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air |
| Fireplace Yes / No | No |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 8400 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Cobourg |
| Postal Code | K9A2M4 |
| Listing VS Median (in K9A2M4) | |
Price: $550,000 low | high Med: $377,000 sqft: 2,263 low | high Med: 960 $ / sqft: $243 low | high Med: $424 On site: 42 low | high Med: 223.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Cobourg |
| Postal Code | K9A2M4 |
| Listing VS Median (in K9A2M4) | |
Price: $550,000 low | high Med: $377,000 sqft: 2,263 low | high Med: 960 $ / sqft: $243 low | high Med: $424 On site: 42 low | high Med: 223.5 | |
