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A&B - 79 KING STREET W, Cobourg, Ontario, K9A 2M4

MLS® # X13807686
Commercial For Sale In Cobourg, Ontario
$550,000

None Beds

2 Baths

A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
A&B - 79 King Street W, Cobourg, ON
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A&B - 79 KING STREET W, Cobourg, Ontario, K9A 2M4
$550,000

Property Information:

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. (id:27)

Building Features:

  • Style: Retail
  • Building Type: Retail
  • Air Conditioning: Yes
  • Floor Space: 2263 sqft
  • Heating Type: Forced air
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Retail
  • Amenities Nearby: Public Transit
  • Farm Type: Other
  • Floor Space (approx): 2263 Square Feet
  • Zoning: Main Commercial
  • Sewer: Sanitary sewer

Courtesy of: SAM MCDADI REAL ESTATE INC.

REALTOR.ca  

Location of A&B - 79 KING STREET W, Cobourg, Ontario, K9A 2M4

Demographic Information of A&B - 79 KING STREET W, Cobourg, Ontario, K9A 2M4

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$96,235.49

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.24 %

High school certificate or equivalent

31.69 %

Apprenticeship trade certificate/diploma

6.39 %

College/non-university certificate

24.48 %

University certificate (below bachelor)

2.07 %

University Degree

19.14 %

Commuter

Travel To Work

By Car

82.26 %

By Public Transit

2.15 %

By Walking

10.8 %

By Bicycle

0.16 %

By Other Methods

4.63 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

38.78 %

Houses

61.22 %

Own Vs. Rent