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Type: Investment
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Property Type: Commercial
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Business Type: Apts-2 To 5 Units
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Zoning: MC
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Age: 100+ years
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Taxes: 8916
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MLS®#: X10433227
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Days on Site: 91 Days
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Added: Nov 19, 2024 (3 months ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: CENTURY 21 ALL-PRO REALTY (1993) LTD.
Sought After Freehold, Mixed-Use Comm/Res 3FL Apt. Bldg. in Prime Downtown Location. TURNKEY INCOME. Commercial Unit Main Floor JUST LEASED for 3 YR Term + 3 Tenanted Residential Income Apts. Mn Fl was owner operated Salon for 22 Years and now just Rented to a vibrant Retail Tenant. Buy it and enjoy the benefits of this Turnkey Space. Historic Character + Well-Updated Building. 3 Res Apts. Tenanted on 2nd & 3rd FL w/Sep. Front Door entrance. Overlooks boutique tourist & shopping district. Main Floor Commercial has Beautiful big Storefront Display Windows Treatment room, formerly had hair stations (plumbing capped for new retail Tenant ) plus a large merch & reception area. 4 Entrances. Basement & Main Floor both have Walkouts to 3 parking spots in back. Great for Shipping/receiving. Public Parking behind, Steps to the Marina, Yacht Club, Beach, Park, Esplanade & Boardwalk. Adjacent to gorgeous Victoria Hall, Art Gallery & Concert Hall. Large Banner signage area in front & back. Plenty of natural light, high ceilings, laminate & tile flooring. Basement used for office, laundry hookups, 2pce Bath, Storage. Invest for Success in coveted Prime location near Victoria Hall. VIA 1Blk ~ 100km to Toronto **EXTRAS** Newer membrane roof, 3 Parking Spots. Potential for patio. Salon washing stations Plumbed in but capped. Brick building w/ character in great condition. Tenant leases for review with offer in place. Ask for Income & Expenses worksheet
Property
Status: Sale
Type: Apts-2 To 5 Units
Property Type: Investment
Property Type: Apartment
Age: 100+
Net Income: 81574
Area: Cobourg
Community: Cobourg
Availability Date: TBD/Immediate
Inside
Bathrooms: 5
Air Conditioning: Y
Washrooms: 5
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Closd
Freestanding: Y
Water Supply: Municipal
Amps: 200
Parking
Garage Type: None
Covered Parking Spaces: 3
Fees
Tax Year: 2024
Taxes: $8,916
Expenses: Est
Insurance Fee: 7430
Heat Expenses: 1440
Other Expenses: 600
Taxes Type: Annual
Taxes: 8916
Water Fees: 3240
Land
Cross Street: Second Street/King S
Municipality District: Cobourg
Parcel Number: 510930046
Sewer: San+Storm
Lot Depth: 115.6 Feet
Lot Frontage: 22.26 Feet
Zoning: MC
Additional Media
- Virtual Tour: https://listings.insideoutmedia.ca/sites/webgbvr/unbranded
Shipping Doors
Clearing Height (ft): 6
Commercial Specific
Shipping Doors Grade Level: 1
Shipping Doors Truck Level: 1
Retail Area: 1161
Retail Area Metric: Sq Ft
Sprinklers: N
Terms: 60
Total Area: 4390
Total Area Metric: Sq Ft
Minimum Rental Months: 36
Office Size: 2054
Office Size Metric: Sq Ft
Crane: N
Lot Code: Lot
Gross Income/Sales: 103200
Merwin Greer School
Elementary: PublicSt. Joseph Catholic Elementary School
Elementary: CatholicSt. Michael Catholic Elementary School
Elementary: CatholicBurnham School
Elementary: PublicNotre Dame Catholic Elementary School
Elementary: CatholicC R Gummow School
Elementary: PublicPeterborough Collegiate and Vocational School
Secondary: PublicPort Hope High School
Secondary: PublicKenner Collegiate and Vocational Institute
Secondary: PublicHoly Cross Catholic Secondary School
Secondary: CatholicSt. Mary Catholic Secondary School
Secondary: CatholicCobourg Collegiate Institute
Secondary: Public
