A 79 King Street W, Cobourg
- Bathrooms: 2
- Living area: 1143 square feet
- Type: Commercial
- Added: 127 days ago
- Updated: 2 days ago
- Last Checked: 21 hours ago
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
Property Details
- Cooling: Fully air conditioned
- Heating: Forced air, Electric
- Structure Type: Retail
Interior Features
- Living Area: 1143
Exterior & Lot Features
- Water Source: Municipal water
Location & Community
- Directions: Third St/King St W
- Street Dir Suffix: West
Utilities & Systems
- Sewer: Sanitary sewer
Tax & Legal Information
- Tax Annual Amount: 4546.18
- Zoning Description: Main Commercial
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