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148-150 King St W Cobourg, Ontario K9A 2M5

4 Bathroom 4061 sqft
Partially Air Conditioned

$1,111,000

Immense Multi-faceted Income Potential. Multi-Unit, Mixed-Use Brick Building. Recently 5 Units: Air BnB, 3 Residential Apts. & Commercial space + Garage & Workshop. *Owner-Occupied with Vacant possession available* Set Market Rents! Or Transform to Duplex, Townhomes, SF home. Boutique Hotel? High Ceilings. Character. Documented as c1835 remodeled in 1850 w/Addition 1990s. Previous Commercial uses: Tavern, Tileshop, Radio Station, Home-Based biz w/ Apts. Highly visible location at prominent gateway entering the Vibrant Commercial Boutique Tourist, Shopping & Dining district surrounded by historic churches, Century homes, International School. Steps to all amenities: the coveted Beach, Marina, Boardwalk. VIA Station 1blk. 401 2km. The MC8 Zoning allows many uses. Well-upgraded & maintained building loaded with potential for multi-income units &/or owner-occupied uses. Potential for great cap rate based on market rents. Heritage Commercial District! Some heritage incentives may apply!**** EXTRAS **** Steel Roof. Display Windows. Tilework. Workshop. Garage. Attic converted. Extra Parking. Historic character & details (banister, flooring,Fan Transom window design.) Storefront Commercial Spaces. Sold As Is (id:47515)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X7307898
Property Type Multi-family
Community Name Cobourg
Parking Space Total 4

Building

Bathroom Total 4
Cooling Type Partially Air Conditioned
Size Exterior 4061 Sqft
Size Interior 4061 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Irregular Bldg=66.73 X 91.62 Ft
Size Total Text Bldg=66.73 X 91.62 Ft

https://www.realtor.ca/real-estate/26292549/148-150-king-st-w-cobourg-cobourg

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