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

2 Bathroom 2,263 sqft
Fully Air Conditioned Forced Air

$550,000

**2 Commercial Condo Units** on Main Floor with a shared vestibule! Superior Office and Retail Prime Main St Location. Unit 1 Long Term Office Tenant installed. Owner can occupy Unit B as Tenant is relocating to upsize. Available June1/2026. These excellent Contemporary Units are in highly visible location and very well-renovated. Connected by shared wall & front vestibule but both private units have been rented separately for years. (Possibility to combine back to one large unit but Condo approval would be needed) Both have large Storefront Main Street Display Windows. Unit A offers welcoming Reception area, 4 Offices, Two 2-pce Baths R/in, Storage/File Cupboards. Unit B is a large & Open Retail space tenanted previously as successful Retail shop. Both units have High Ceilings, Newer Flooring, Move in and start your business right away. This is a fantastic price for a turnkey investment in an in-demand district. Bustling Downtown Heritage Street in Cobourg's business, boutique & tourist district. Steps to Marina, Yacht Club, Harbour, Lakefront, Esplanade & Beach. VIA Station is 1blk north. 401 close by. 100KM to Toronto for commuters. Set amongst Key Anchor Tenants, Banks, Financial & Professional Services, Victoria Hall, Art Gallery, Concert Hall, Restaurants, Cafes in the Business, Shopping, Entertainment & Tourist District. Unit A Tenant pays Base Rent $1,584.91/m + $770.75 TMI (Condo Fee $451.28/m & Property Tax $319.47/m) + Share of Heat/Utilities. Condo fee covers: Water, Bldg. Insurance, Common Elements, Reserve fund, Property Mgmt. Unit A Tenant pays $940.81/m TMI (Condo Fee $541.04/m + Property Tax $399.77/m) Gross Income With Unit B Vacant is: $19,019 per month Unit B can be Owner Occupied if not rented prior to purchase. It is being offered to Rent at $21 psf Tenants pay all Taxes, TMI, including the Condo Fee which covers Bldg Insurance, Water, Common Elements, Reserve Fund & Property Mgmt fees. (id:58073)

Property Details

MLS® Number X13145260
Property Type Retail
Community Name Cobourg
Amenities Near By Public Transit
Farm Type Other

Building

Bathroom Total 2
Age 16 To 30 Years
Cooling Type Fully Air Conditioned
Heating Fuel Electric
Heating Type Forced Air
Size Interior 2,263 Sqft
Type Retail
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Sewer Sanitary Sewer
Zoning Description Main Commercial

https://www.realtor.ca/real-estate/29771904/ab-79-king-street-w-cobourg-cobourg