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

Listed for:
$550,000
0 beds
2 baths
Listed 9 days ago
Retail for rent: A&b - 79 King Street W, Cobourg, Ontario K9A 2M4

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About

Cross Streets: Third St/King St W. ** Directions: 401 to Division St Exit south to King St W West to Address. **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:27476)

Property Highlights

MLS® Number
X13145260
Type
Retail
Community Name
Cobourg

Building

Building Type
Retail
Square Footage
2263 sqft
Bathrooms Total
2
Amenities
Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
Century 21 United Realty Inc.
MLS® number:
X13145260
Agent:
Denise Liboiron
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Street Spotlight - For sale