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36 King Street W Cobourg, Ontario K9A 2L9

2000 sqft
Partially Air Conditioned Forced Air

$774,900

Great opportunity to buy in downtown Cobourg. Ground floor commercial space can be available on November 1st if you want to open your own business or office. Close to beach, 401, and right in the heart of Cobourg. Two apartments rented on upper level. Both tenants are willing to stay. Office space on main floor is open concept along with a private office and a boardroom. Town parking is right behind the office and there is also 2 private parking spaces. Access from door right to the west of the commercial front door you will be able to access the 2 apartments, a recently renovated one bedroom with ensuite laundry currently rents for $1750 plus utilities the 2nd apartment is 2 floors and two bedrooms currently rents for ,$1275 per month plus utilities. Office space on main floor currently rented $2718.36 with lease until Nov. 1 2024 Water paid by landlord for commercial space, individually metered for heat and hydro. Tenant pays hydro,gas,water.. Repair needed for ground to 1st floor staircase at back of building. Don't miss out on this opportunity to own in downtown Cobourg **** EXTRAS **** Insurance costs $4579.68 through CommonWealth Water Bill for commercial unit is approx $25 per month New sump pump 2023, South Facing metal roof replacement , Second floor apt. electrical update and new washer dryer, new fridge (id:47515)

Property Details

MLS® Number X8415814
Property Type Retail
Community Name Cobourg
Amenities Near By Highway, Public Transit

Building

Cooling Type Partially Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 2000 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Public Transit
Size Depth 133 Ft
Size Frontage 19 Ft
Size Irregular 19.25 X 133.08 Ft
Size Total Text 19.25 X 133.08 Ft
Zoning Description Mc4

https://www.realtor.ca/real-estate/27008200/36-king-street-w-cobourg-cobourg

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