7 & 9 King St W,Cobourg,Ontario
$975000.00For Sale
MLS# X4578712
- List Price
- $975000.00 For Sale
- Total Bathroom(s)
- Total Bedrooms(s)
- +
- Property taxes
- $16171.00
- Area
- Northumberland
- Community
- Cobourg
- Land Size (ft.)
- 35.43' x 184.01 '
- Property Type:
- Investment
- Property Style:
Features
- Land Size:
- 35.43' x 184.01
- Possession:
- King
- Annual Property Taxes (estimate):
- $16171.00/2019
- #Bathrooms:
- #Parkings:
- Garage Type:
- None
- Heat Type:
- Gas Forced Air Closd
- Basement:
- Y
- Central AC:
- Y
Property Description
Down Town Core -6000 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 @ 6.7% Cap. With The Upside To Increase Rents As Owner Will Lease Back. For The Right Self User/Entrepreneur, Unlimited Potential To Set Up Any Successful Business.
Extra
Features Included :
Very Successful Restaurant (Since 1964) On Site With 80 Seats And Huge Commercial Kitchen . The Other Unit Has An Accounting Firm As A Tenant. 8 Parking Spots Behind The Property. Very Well Maintained Building.
Very Successful Restaurant (Since 1964) On Site With 80 Seats And Huge Commercial Kitchen . The Other Unit Has An Accounting Firm As A Tenant. 8 Parking Spots Behind The Property. Very Well Maintained Building.