Commercial Real Estate for Sale in Cobourg, Ontario $1,399,900

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Cobourg (Ontario, CA - K9A 2L8)

$1,399,900

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LOYALIST REALTY INC., Brokerage

Roy D Brett - Broker of Record

(613) 969-9966(Office)

Email Roy D

Details

Address: 7&9 King St W

Type: Commercial

Style: Retail

Lot Size: 7550sq. ft. 35.43ft x 184.01ft "35.43 ft X 184.01 ft"

Taxes: $16,101.00 (2021)

MLS® #: X5655474

Description

Cap Rate Potential Of 6+%.Down Town Core -5000 Sq Ft Of Commercial Retail Space + 2 Apartments At The Intersection Of The 2 Main Arterial Streets Of Cobourg.. Amazing Location . Minutes Drive From 401 And A 2 Minutes Walk From Cobourg Beach And The New Condo Development. Ideal For Investors/Self User/Entrepreneur, Unlimited Potential To Set Up Any Successful Business. 17,000+ Per Day Traffic Count(2018).

Highlights

▪ Cooling: Air Conditioning	▪ Heating: Gas Forced Air Closd
▪ Very Successful Restaurant On Site (Since 1964) With 80 Seats And Huge Commercial Kitchen . The Other Unit Has An Accounting Firm As A Tenant. 2 Apartments On Upper Level.8 Parking Spots Behind The Property. Very Well Maintained Building.	▪ Freestanding
▪ Retail Area: 5000 Sq Ft	▪ Sewer/Water Systems: Water Source: Municipal

Brokered and Advertised by: Ipro Realty Ltd.

P2#1370944742

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