41-43 King ST E new Save Request In-Person Tour Request Virtual Tour
Cobourg,ON K9A 1K6
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,178 sqft
Price per Sqft $226
Subdivision Cobourg
MLS Listing ID X12066729
Building Age 51-99
Annual Tax Amount $7,000
Tax Year 2025
Property Sub-Type Investment
Property 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.
Location
Province ON
County Northumberland
Community Cobourg
Area Northumberland
Interior
Heating Yes
Cooling Partial
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 37.99
Lot Depth 162.36
Others
Security Features No