$774,900
FOR SALE

Commercial/Retail

Lot: 19.25 x 133.08 ftTotal Area: 2,000 ft2
2023 Taxes: $7,754.93

36 King St W
Cobourg, ON K9A 2L9 | Northumberland

Great opportunity to buy in downtown Cobourg. Ground floor commercial space can be available on November 1st if you want to open your own business or office. Close to beach, 401, and right in the heart of Cobourg. Two apartments rented on upper level. Both tenants are willing to stay. Office space on main floor is open concept along with a private office and a boardroom. Town parking is right behind the office and there is also 2 private parking spaces. Access from door right to the west of the commercial front door you will be able to access the 2 apartments, a recently renovated one bedroom with ensuite laundry currently rents for $1750 plus utilities the 2nd apartment is 2 floors and two bedrooms currently rents for ,$1275 per month plus utilities. Office space on main floor currently rented $2718.36 with lease until Nov. 1 2024 Water paid by landlord for commercial space, individually metered for heat and hydro. Tenant pays hydro,gas,water.. Repair needed for ground to 1st floor staircase at back of building. Don't miss out on this opportunity to own in downtown Cobourg
Extras
Insurance costs $4579.68 through CommonWealth Water Bill for commercial unit is approx $25 per month New sump pump 2023, South Facing metal roof replacement , Second floor apt. electrical update and new washer dryer, new fridge
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Listed By ROYAL SERVICE REAL ESTATE INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8415814
Last Updated Jun 07, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Category Multi-Use
PIN 510940389
Occupancy Tenant
Possession Date 60 days tba
Taxes (2023) $7,754.93
Tax Type Annual
Directions/Cross Streets Division/King
Neighbourhood Cobourg
Area Northumberland
Price History

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Detailed Information
Freestanding Y
Lot 19.25 x 133.08 ft
Retail Area 1,350 ft2
Office/Apt Area 650 ft2
Total Area 2,000 ft2
Air Conditioning Part
Basement Y
Garage Type None
Heat Type Gas Forced Air Closd
Area Influences Major Highway, Public Transit
Sprinklers N
Utilities A
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning MC4
Seller Property Info Statement N

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