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Buy Unit A & Unit B for $699,000 Imagine your New Office And Retail space in the heart of Cobourg Business Commercial & Tourist District
79 King St W Cobourg ON You can Buy Both Unit A & Unit B together or buy one or the other! A shared vestibule entrance and 2 Superb Commercial Condo Units. Well-renovated! Connected by a shared Vestibule on busy main street. Bothhave large Display Windows. Unit A has 4 Offices, Reception, Two 2-pce Baths R/in, Storage. Unit B is Open Retail space. High Ceilings. All Newer Flooring. Locate your next investment in this in-demand district, the bustling Downtown Heritage Street in Cobourg’s business, boutique & tourist district. Steps to the Marina, Harbour ,Lakefront, Esplanade & Beach. VIA Station is 1blk north. 401 close by. 100KM to Toronto 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 Tenant pays Condo Fees$930.11/m, Property Tax, Heat/Utilities. (Condo fee covers: Water, Bldg Insurance, Common Elements, Reserve fund, Property Mgmt.) Gross Income $18,288.00 Unit B is currently Owner-Occupied. Owner will rent back or vacate TBD
Buy Unit A & Unit B for $699,000
BUY UNIT A 79 King St W Cobourg $349,000
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
BUY UNIT B 79 King St W Cobourg $349,000
Prime Retail Storefront! Beautifully renovated Contemporary Commercial Condo next to Victoria Hall. Owner-occupied Large Main Street Display Windows. High Ceilings. Updated flooring & lighting. Dedicated 2 Pce bath in common area. Unit shares big & bright entry vestibule off King St w/ the adjacent Unit that has a long term Tenant in place & is also for sale! Can buy together for price discount. This Yoga Studio & Healing Shop is Located in a busy Downtown heritage streetscape in the boutique & tourist district steps to the Lake, Beach & Marina. A growing downtown that is nearly filled to capacity. Select your next investment in an in-demand district with the VIA Station 1blk north & the 401 nearby. Just 100KM to Toronto for commuters. Locate amongst Key Anchor Tenants, Banks, Financial & Professional Services, Victoria Hall, Art Gallery, Concert Hall, Restaurants, Cafes, Shopping, Entertainment to help you thrive in good company. Tenant pays: Condo Fee $436.42 + Tax, Heat/Utilities.
