A&B - 79 KING STREET W
Cobourg, Ontario
MLS® X13145260
$550,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X13145260
- Bedrooms
- —
- Bathrooms
- 2
- Year built
- —
1 / 23Listing description
**2 Commercial Condo Units** on Main Floor with a shared vestibule! Superior Office and Retail Prime Main St Location. Unit 1 Long Term Office Tenant installed.
Owner can occupy Unit B as Tenant is relocating to upsize. Available June1/2026. These excellent Contemporary Units are in highly visible location and very well-renovated.
Connected by shared wall & front vestibule but both private units have been rented separately for years. (Possibility to combine back to one large unit but Condo approval would be needed) Both have large Storefront Main Street Display Windows. Unit A offers welcoming Reception area, 4 Offices, Two 2-pce Baths R/in, Storage/File Cupboards.
Unit B is a large & Open Retail space tenanted previously as successful Retail shop. Both units have High Ceilings, Newer Flooring, Move in and start your business right away. This is a fantastic price for a turnkey investment in an in-demand district.
Bustling Downtown Heritage Street in Cobourg's business, boutique & tourist district. Steps to Marina, Yacht Club, Harbour, Lakefront, Esplanade & Beach. VIA Station is 1blk north.
401 close by. 100KM to Toronto for commuters. Set amongst Key Anchor Tenants, Banks, Financial & Professional Services, Victoria Hall, Art Gallery, Concert Hall, Restaurants, Cafes in the Business, Shopping, Entertainment & Tourist District.
Unit A Tenant pays Base Rent $1,584. 91/m + $770. 75 TMI (Condo Fee $451.
28/m & Property Tax $319. 47/m) + Share of Heat/Utilities. Condo fee covers: Water, Bldg.
Insurance, Common Elements, Reserve fund, Property Mgmt. Unit A Tenant pays $940. 81/m TMI (Condo Fee $541.
04/m + Property Tax $399. 77/m) Gross Income With Unit B Vacant is: $19,019 per month Unit B can be Owner Occupied if not rented prior to purchase. It is being offered to Rent at $21 psf Tenants pay all Taxes, TMI, including the Condo Fee which covers Bldg Insurance, Water, Common Elements, Reserve Fund & Property Mgmt fees.
Property summary
- MLS® number
- X13145260
- Property type
- Retail
- Building type
- Retail
- Square footage
- 2,263 sq ft
- Annual property taxes
- $8,400.00
- Days on market
- 99 days
Features & details
- Heating
- Forced air
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $550,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Century 21 United Realty Inc., Cobourg.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
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