Address
78 W KING ST W Street W Cobourg, ON
Price
$ 858,000
Property Attributes
  • MLS#40051304
  • TypeSingle Family
  • CityCobourg
  • Postal CodeK9A 2M3
  • StyleDetached
  • Price$ 858,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Century 21 All-Pro Realty (1993) Ltd., Brokerage - Cobourg
Property Description

Stained Glass Storefront Windows decorate the street from this Iconic Downtown Cobourg Heritage Building c. 1835. Home for 40 years to a long-time favourited & well-frequented Leisure wear Store located in the desired, Sunny, North side of King St W near Victoria Hall, Farmer's Market, Beach & Marina. 4 Tenanted Apartments accessed from Main St or Back entrance up fire escape in this fire-retrofitted, updated Brick 3-story buildin. Income with Potential for much more. Live/Work Investment in a Tourist destination locale amidst vibrant Boutiques, Restaurants & Anchor businesses of Banks, Finance, Professional & Town Offices, Pharmacies. Large Retail MN floor space has high ceilings, Changeroom, Bathroom. Large Warehouse addition in back. Private parking lot for 10+ cars accessed via ROW in back. This is about OPPORTUNITY. Very large, mixed-use & well-updated space. Shingles Replaced 2008. $30,000 in Fire Retrofitted Upgrades incl. automatic Fire Shutters on back windows down fire escape. $10,000 in Heritage Grant upgrades to Facade. Entire Bldg rented as Gross Rents. Tenant Income at 5300 Gross. Insurance $3067.69 Taxes; $12,664.37. Landlord Pays Bldg Insurance + Utilities Water, Gas, for entire Building & EBB Heat for Apts. Currently at lower rents but visionary will see the potential in this Downtown Jewel! 1KM to VIA Station 1HR to Toronto Inventory Turnkey business may be purchased ($TBD) but Store will continue to rent space until 3/30/21 (id:27)

Price History
12/16/2020 Listed $858,000

General Features

Amenities Nearby Park, Playground, Public Transit
Appliances Water meter
Community Features High Traffic Area, School Bus
Construction Style Detached
Features Park setting, Southern exposure, Park/reserve
Garage no
Listing Type House
Location Description 01 to Cobourg Exit 472 for Regional Road 18/Burnham Street toward Cobourg/Gores Landing.Go right onto Burnham St/Northumberland Cty Rd 18 Continue on Cty 2 Rd E. Left onto County 2 Rd E/King St W
Parking yes
Parking Spaces 10
Property Type Other
Sewer Municipal sewage system
Terms SALE
Wheel Chair Access no
Zoning MC

Interior Features

Basement Unfinished
Basement Type Partial
Cooling Type Central air conditioning
Fireplace no
Foundation Type Stone
Heating Fuel Natural gas
Heating Type Forced air

Exterior Features

Exterior Finish Brick
Lot Frontage 29.0
Pool Y/N no

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in K9A 2M3

Price
AVG $860K
$860K
Visits
AVG 14
25
Walkscore
AVG 78
78
Data Provided by Walkscore ® not using MLS data

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