79 King W Street, Cobourg, ON K9A 2M4

  • $699,000
79 King W Street, Cobourg, ON K9A 2M4
  • X11824328
  • MLS® Number
  • Commercial Retail, Commercial
  • Property Type
  • 2
  • Bathrooms
  • 2263
  • Sqft
Active For Sale
79 King W Street, Cobourg, ON K9A 2M4
79 King W Street, Cobourg, ON K9A 2M4
  • $699,000

Description

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! **EXTRAS** Glass doors into shared, bright, vestibule entrance. Large display windows. Modern lighting. Laminate Flooring. Upgraded decor. High Ceilings. 2 R/In baths. Common area 3rd bath for Tenant B use. Back doors to common area hall/bathroom.

Details

MLS® Number
X11824328
Bathrooms
2
Property Size
2263 Sqft
Updated on April 13, 2025 at 4:12 pm

Additional details

  • Utilities: Available
  • Sewer: Sanitary
  • Cooling: Yes
  • County: Northumberland
  • Property Type: Commercial Sale
  • Community Features: Public Transit

Address

  • Address 79 King W Street
  • City Cobourg
  • State/county ON
  • Zip/Postal Code K9A 2M4

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
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