A - 79 KING STREET W, Cobourg

2024-06-13
 

Quick Summary

Location
A - 79 KING STREET W, Cobourg, Ontario K9A2M4
Price
$349,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
1143ft2
Bathrooms:
2

MLS®#X8435474

Property Description

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 area. Heritage District. Investment w/ long term tenant. Adjacent condo for sale (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit

Building

  • Cooling Type: Fully air conditioned
  • Fireplace: No
  • Interior Size: 1143 sqft
  • Building Type: Retail
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer

Zoning

  • Description: Main Commercial

Information entered by CENTURY 21 ALL-PRO REALTY (1993) LTD.
Listing information last updated on: 2024-09-03 23:39:54


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