A&B - 79 KING STREET W
Cobourg, Ontario
MLS® X13807686
$550,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X13807686
- Bedrooms
- —
- Bathrooms
- 2
- Year built
- —
1 / 13Listing description
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.
Property summary
- MLS® number
- X13807686
- Property type
- Retail
- Building type
- Retail
- Size
- 2,263 sq ft
- Annual property taxes
- $8,400.00
- Days on market
- 8 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 SAM MCDADI REAL ESTATE INC., MISSISSAUGA.
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.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.