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A - 79 King Street W Cobourg, Ontario K9A 2M4

2 Bathroom 1143 sqft
Fully Air Conditioned Forced Air

$399,000

Professional Offices Investment Opportunity! Superb, renovated Commercial Condo with Large Main Street Display Windows, 4 Offices, a Reception Area, Two 2-pce Baths R/in, Storage. Located well in a busy Downtown heritage streetscape in the business, boutique & tourist district steps to the Beach/Marina. Select your next investment in this in-demand district just Steps to Marina, Harbour, Lakefront, Esplanade & Beach. VIA Station is 1blk north & 1hr to Toronto for commuters. Unit shares entry vestibule common area w/ adjacent unit w/ Tenant in place. Set amongst Key Anchor Tenants, Banks, Financial & Professional Services, Victoria Hall, Art Gallery, Concert Hall, Restaurants, Cafes in the Business, Shopping, Entertainment & Tourist District. Tenant pays Condo Fee $493.69/m, Property Tax, Heat/Utilities. (Condo fee covers Water, Bldg Insurance, Common Elements, Reserve fund, Property Mgmt.) Gross Income $18,288.00 Cap Rate 4.6% Solid Tenant Business Offices Lease just renewed 10/31/24 **** EXTRAS **** High Ceilings, Large Front Windows. Updated Laminate Flooring, Lighting, 2-2pce Baths R/In, Storage Cupboards, Shared Front vestibule entrance. Outdoor display space. Heritage District. Turnkey Investment w/ long term tenant. (id:47564)

Property Details

MLS® Number X8104028
Property Type Retail
Community Name Cobourg
Amenities Near By Public Transit
Farm Type Other

Building

Bathroom Total 2
Cooling Type Fully Air Conditioned
Heating Fuel Electric
Heating Type Forced Air
Size Interior 1143 Sqft
Type Retail
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Sewer Sanitary Sewer

https://www.realtor.ca/real-estate/26567833/a-79-king-street-w-cobourg-cobourg


CENTURY 21 ALL-PRO REALTY (1993) LTD.
365 Westwood Drive Unit 5
Cobourg, Ontario K9A 4M5

(905) 372-3355
(905) 372-4626
www.century21.ca/allprorealty

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