249-255 Division Street, Cobourg | Image 1

249-255 Division Street

Cobourg, Cobourg

  • Commercial

$1,699,900
For Sale

Added 2 days ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Retail Store Related

  • Zoning: COMM

  • Age: 51-99 years

  • Taxes: 19459

  • MLS®#: X11943810

  • Added: Jan 28, 2025 (2 days ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX HALLMARK FIRST GROUP REALTY LTD.

Investment property in Downtown Cobourg. 7 Apartments, 9-12 commercial units (adaptive layout) 19 parking spaces. This property has incredible potential for for the commercial investor, located in the growing business sector of downtown Cobourg. Plenty of thriving retail, office and commercial businesses continue to seek space. Highly demanded residential spaces offer a balance of incomes. This building has adaptive layout allowing business to expand within their existing space if needed. Single offices, multi office + reception spaces, storefront retail facing Division St, basement storage and laundry, back private parking lot adjacent to the town lot gives so many options for successful businesses to operate.

Extras

Updates - roof (flat sections, 2015, 2019), decks (2021), locking systems 2024, painting (common corridors), apartments (3 updated during tenant turnover 2019, 2021, 2024)

Property

  • Status: Sale

  • Type: Retail Store Related

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Age: 51-99

  • Area: Cobourg

  • Community: Cobourg

  • Availability Date: TBD 30-90

  • Assessment Year: 2024

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Green Verification Status: N

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 19

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 13 BLK D N/S KING ST AND S/S COVERT ST PL CA

  • Taxes: $19,459

  • Taxes Type: Annual

Land

  • Cross Street: King Street

  • Municipality District: Cobourg

  • Parcel Number: 510940399

  • Sewer: Sanitary

  • Lot Depth: 165.15 Feet

  • Lot Frontage: 61.62 Feet

  • Zoning: COMM

Commercial Specific

  • Retail Area: 7800

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 7800

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Franchise: N

  • Lot Code: Lot

  • Survey: N

JK-6

Merwin Greer School

Elementary: Public
2.03 km
JK-8

St. Joseph Catholic Elementary School

Elementary: Catholic
2.05 km
JK-6

St. Michael Catholic Elementary School

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0.41 km
JK-6

Burnham School

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1.85 km
JK-8

Notre Dame Catholic Elementary School

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2.05 km
JK-8

C R Gummow School

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1.14 km
9-12

Peterborough Collegiate and Vocational School

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40.73 km
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Port Hope High School

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11.48 km
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Kenner Collegiate and Vocational Institute

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37.63 km
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Holy Cross Catholic Secondary School

Secondary: Catholic
38.56 km
9-12

St. Mary Catholic Secondary School

Secondary: Catholic
2.55 km
9-12

Cobourg Collegiate Institute

Secondary: Public
1.12 km
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