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Description
Apartment Building plus main street commercial. Superb 8% (approx.) Cap Rate in Downtown Cobourg beside Victoria Park, Victoria Beach, Heritage Harbour Marina, the Esplanade & Yacht club and all attractions. Long term tenants on month-to-month rental. New Commercial Retail Tenant on 5 year lease in a 2000 Sq Ft Commercial Space on Main Floor with Many Tall Retail Display Windows. 2 floors of apartments above. This is a fantastic Location in the Popular Tourist Destination Shopping, Dining, Professional Services district of Downtown Cobourg. A Perfect investment to add to your portfolio in the almost-filled to capacity Heritage Downtown Cobourg. Few Remaining Retail & Residential multi-unit buildings King Street Spaces left available for sale or rent. Desired rental location in the heart of downtown and access to all amenities. The VIA & 401 is a couple of blocks north for commuters. 9 units total including 1 commercial & 1 storage unit.
Details
MLS® Number
X12066729
X12066729
Bathrooms
9
9
Property Size
6178.48 Sqft
6178.48 Sqft
Additional details
- Utilities: Yes
- Sewer: Sanitary
- Cooling: Partial
- County: Northumberland
- Property Type: Commercial Sale
- Community Features: Public Transit
Address
- Address 41-43 King E Street
- City Cobourg
- State/county ON
- Zip/Postal Code K9A 1K6
- Country CA