$ 699.000

A B 79 King Street W, Cobourg

  • Bathrooms: 2
  • Living area: 2263 square feet
  • Type: Commercial
  • Added: 15 days ago
  • Updated: 14 days ago
  • Last Checked: 17 hours ago
2 Excellent TENANTED Commercial Units with shared Entry Vestibule. Main Street Prime Storefront Location. Superb condition. 1 is 4 Offices w/ Reception area and 1 is large open Retail Gift Shop & Home Decor store. Beautifully finished contemporary spaces. Both have large Display Windows. Unit A Tenanted for 6 yrs has 4 Offices, Reception, 2 2-pce Baths R/in, Storage. Unit B is Beautiful Large Retail space. High Ceilings. Newer Flooring. You can purchase this turnkey Investment located in an in-demand, bustling Downtown Heritage Streetscape in Cobourg's downtown. Brimming with high energy entrepreneurs and a variety of all shops & services, restaurants & cafes. The Business and Shopping mecca 100 km to Toronto in a cosmopolitan downtown...just Steps to the shimmering and boat-filled Marina in summer, the Harbourfront Esplanade, Lakefront, Boardwalk for strolling & the coveted sandy Beach. VIA Station is 1blk. 401 close by. Convenient 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 1140 Sq Ft Pays $19,019/YR Base Rent + $11,289.72/YR TMI or Monthly Base Rent $1,584.91/m + $940.81 TMI/m (Condo Fee $541.04/m + Property Tax $399.77/m) + Heat/Utilities. Leased through 10/31/2026 Unit B 1120 Sq Ft Pays $31,764.12/YR Gross Lease or $2,647.01/m Gross Lease + Heat/Hydro. LL Pays only Unit B TMI $770.75 (Condo Fee $451.28/m & Property Tax $319.47/m) Unit B Leased through 11/30/2025 NOTE: (Condo fees cover: Water, Bldg. Insurance, Common Elements, Reserve fund, Property Mgmt.) Approx. 7% CAP RATE!
Property DetailsKey information about A B 79 King Street W
  • Cooling: Fully air conditioned
  • Heating: Forced air, Electric
  • Structure Type: Retail
Interior FeaturesDiscover the interior design and amenities
  • Living Area: 2263
Exterior & Lot FeaturesLearn about the exterior and lot specifics of A B 79 King Street W
  • Water Source: Municipal water
Location & CommunityUnderstand the neighborhood and community
  • Directions: Third St/King St W
  • Street Dir Suffix: West
Utilities & SystemsReview utilities and system installations
  • Sewer: Sanitary sewer
Tax & Legal InformationGet tax and legal details applicable to A B 79 King Street W
  • Tax Annual Amount: 8842.68
  • Zoning Description: Main Commercial
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