A-79 King Street West, Cobourg | Image 1

A-79 King Street West

Cobourg, Cobourg

  • Commercial

$399,000
For Sale

Added 2 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: Main Commercial

  • Age: 16-30 years

  • Taxes: 4546.18

  • MLS®#: X8104028

  • Days on Site: 42 Days

  • Added: Feb 24, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: CENTURY 21 ALL-PRO REALTY (1993) LTD.

Professional Offices Investment Opportunity! Superb, renovated Commercial Condo with Large Main Street Display Windows, 4 Offices, a Reception Area, Two 2-pce Baths R/in, Storage. Located well in a busy Downtown heritage streetscape in the business, boutique & tourist district steps to the Beach/Marina. Select your next investment in this in-demand district just Steps to Marina, Harbour, Lakefront, Esplanade & Beach. VIA Station is 1blk north & 1hr to Toronto for commuters. Unit shares entry vestibule common area w/ adjacent unit w/ Tenant in place. Set amongst Key Anchor Tenants, Banks, Financial & Professional Services, Victoria Hall, Art Gallery, Concert Hall, Restaurants, Cafes in the Business, Shopping, Entertainment & Tourist District. Tenant pays Condo Fee $493.69/m, Property Tax, Heat/Utilities. (Condo fee covers Water, Bldg Insurance, Common Elements, Reserve fund, Property Mgmt.) Gross Income $18,288.00 Cap Rate 4.6% Solid Tenant Business Offices Lease just renewed 10/31/24

Extras

High Ceilings, Large Front Windows. Updated Laminate Flooring, Lighting, 2-2pce Baths R/In, Storage Cupboards, Shared Front vestibule entrance. Outdoor display space. Heritage District. Turnkey Investment w/ long term tenant.

Property

  • Status: Sale

  • Type: Other

  • Property Type: Commercial/Retail

  • Property Type: Commercial Condo

  • Age: 16-30

  • Area: Cobourg

  • Community: Cobourg

  • Availability Date: Immediate

Inside

  • Bathrooms: 2

  • Air Conditioning: Y

  • Washrooms: 2

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Elec Forced Air

  • Elevator: None

  • Energy Certificate: N

  • Freestanding: N

  • Outside Storage: N

  • Water Supply: Municipal

  • Amps: 200

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes: $4,546

  • Commercial Condo Fees: 494

  • Taxes Type: Annual

Land

  • Cross Street: Third St/King St W

  • Municipality District: Cobourg

  • Parcel Number: 518620002

  • Sewer: Sanitary

  • Zoning: Main Commercial

Commercial Specific

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 1143

  • Total Area Metric: Sq Ft

  • Office Size: 1143

  • Office Size Metric: Sq Ft

  • Area Influence: Public Transit

  • Franchise: N

  • Crane: N

  • Lot Code: Unit

  • Survey: N

Very Walkable

  • Most errands can be accomplished on foot.
86 /100

Very Bikeable

  • Most errands can be accomplished on bike.
81 /100
JK-6

Merwin Greer School

Elementary: Public
2.27 km
JK-8

St. Joseph Catholic Elementary School

Elementary: Catholic
2.19 km
JK-6

St. Michael Catholic Elementary School

Elementary: Catholic
0.50 km
JK-6

Burnham School

Elementary: Public
1.68 km
JK-8

Notre Dame Catholic Elementary School

Elementary: Catholic
1.91 km
JK-8

C R Gummow School

Elementary: Public
1.38 km
9-12

Peterborough Collegiate and Vocational School

Secondary: Public
40.77 km
9-12

Port Hope High School

Secondary: Public
11.26 km
9-12

Kenner Collegiate and Vocational Institute

Secondary: Public
37.67 km
9-12

Holy Cross Catholic Secondary School

Secondary: Catholic
38.58 km
9-12

St. Mary Catholic Secondary School

Secondary: Catholic
2.65 km
9-12

Cobourg Collegiate Institute

Secondary: Public
1.35 km
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For Sale
2 months ago
$379,000
  • 2 bath
  • 0 bed

B-79 King Street West, Cobourg, Ontario • K9A 2M4 • Cobourg

For Sale
2 weeks ago
$448,000
  • 0 bath
  • 0 bed

1004 Ontario Street, Cobourg, Ontario • K9A 3C7 • Cobourg