$550,000
Available - For Sale
Listing ID: X13145260
79 King Street West , Cobourg, K9A 2M4, Northumberland
| **2 Commercial Condo Units** on Main Floor with a shared vestibule! Superior Office and Retail Prime Main St Location. Unit 1 Long Term Office Tenant installed. Owner can occupy Unit B as Tenant is relocating to upsize. Available June1/2026. These excellent Contemporary Units are in highly visible location and very well-renovated. Connected by shared wall & front vestibule but both private units have been rented separately for years. (Possibility to combine back to one large unit but Condo approval would be needed) Both have large Storefront Main Street Display Windows. Unit A offers welcoming Reception area, 4 Offices, Two 2-pce Baths R/in, Storage/File Cupboards. Unit B is a large & Open Retail space tenanted previously as successful Retail shop. Both units have High Ceilings, Newer Flooring, Move in and start your business right away. This is a fantastic price for a turnkey investment in an in-demand district. Bustling Downtown Heritage Street in Cobourg's business, boutique & tourist district. Steps to Marina, Yacht Club, 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 Base Rent $1,584.91/m + $770.75 TMI (Condo Fee $451.28/m & Property Tax $319.47/m) + Share of Heat/Utilities. Condo fee covers: Water, Bldg. Insurance, Common Elements, Reserve fund, Property Mgmt. Unit A Tenant pays $940.81/m TMI (Condo Fee $541.04/m + Property Tax $399.77/m) Gross Income With Unit B Vacant is: $19,019 per month Unit B can be Owner Occupied if not rented prior to purchase. It is being offered to Rent at $21 psf Tenants pay all Taxes, TMI, including the Condo Fee which covers Bldg Insurance, Water, Common Elements, Reserve Fund & Property Mgmt fees. |
| Price | $550,000 |
| Taxes: | $8400.00 |
| Tax Type: | Annual |
| Monthly Condo Fee: | $1000 |
| Occupancy: | Tenant |
| Address: | 79 King Street West , Cobourg, K9A 2M4, Northumberland |
| Postal Code: | K9A 2M4 |
| Province/State: | Northumberland |
| Directions/Cross Streets: | Third St/King St W |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Commercial Condo |
| Use: | Other |
| Building Percentage: | F |
| Total Area: | 2263.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1143 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Approximatly Age: | 16-30 |
| Franchise: | F |
| Sprinklers: | No |
| Washrooms: | 2 |
| Outside Storage: | F |
| Crane: | F |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| Century 21 United Realty Inc. |
|
|
Shawn Syed, AMP
Broker
Dir:
416-786-7848
Bus:
(416) 494-7653
Fax:
1 866 229 3159
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Northumberland |
| Municipality: | Cobourg |
| Neighbourhood: | Cobourg |
| Approximate Age: | 16-30 |
| Tax: | $8,400 |
| Baths: | 2 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
