$550,000
Available - For Sale
Listing ID: X13807686
79 King Street West , Cobourg, K9A 2M4, Northumberland
| 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. |
| Price | $550,000 |
| Taxes: | $8400.00 |
| Tax Type: | Annual |
| Monthly Condo Fee: | $1000 |
| Occupancy: | Tenant |
| Address: | 79 King Street West , Cobourg, K9A 2M4, Northumberland |
| Postal Code: | K9A 2M4 |
| Province/State: | Northumberland |
| Directions/Cross Streets: | Third St/King St W |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Commercial Condo |
| Use: | Other |
| Building Percentage: | F |
| Total Area: | 2263.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1143 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Approximatly Age: | 16-30 |
| Franchise: | F |
| Sprinklers: | No |
| Washrooms: | 2 |
| Outside Storage: | F |
| Crane: | F |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| SAM MCDADI REAL ESTATE INC. |
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|
Aneta Andrews
Broker
Dir:
416-576-5339
Bus:
905-278-3500
Fax:
1-888-407-8605
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Northumberland |
| Municipality: | Cobourg |
| Neighbourhood: | Cobourg |
| Approximate Age: | 16-30 |
| Tax: | $8,400 |
| Baths: | 2 |
| Fireplace: | N |
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