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$1,399,000
Available - For Sale
Listing ID: X12066729
Apartment Building plus main street commercial. Superb 8% (approx.) Cap Rate in Downtown Cobourg beside Victoria Park, Victoria Beach, Heritage Harbour Marina, the Esplanade & Yacht club and all attractions. Long term tenants on month-to-month rental. New Commercial Retail Tenant on 5 year lease in a 2000 Sq Ft Commercial Space on Main Floor with Many Tall Retail Display Windows. 2 floors of apartments above. This is a fantastic Location in the Popular Tourist Destination Shopping, Dining, Professional Services district of Downtown Cobourg. A Perfect investment to add to your portfolio in the almost-filled to capacity Heritage Downtown Cobourg. Few Remaining Retail & Residential multi-unit buildings King Street Spaces left available for sale or rent. Desired rental location in the heart of downtown and access to all amenities. The VIA & 401 is a couple of blocks north for commuters. 9 units total including 1 commercial & 1 storage unit.
Price $1,399,000
Minimum Rental Term: 36
Taxes: $7,000
Tax Type: Annual
Occupancy by: Tenant
Address: 41-43 King Stre East , Cobourg, K9A 1K6, Northumberland
Postal Code: K9A 1K6
Province/State: Northumberland
Legal Description: Pt Lt 7 Blk A Pl Caddy (Formerly Lt 16 C
Directions/Cross Streets: Mcgill & King St E
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 6,178.48
Total Area Code:  Square Feet
Office/Appartment Area: 4178
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Approximatly Age: 51-99
Maintenance: 0
Sprinklers: No
Outside Storage: F
Rail: N
Crane: F
Soil Test: No
Grade Level Shipping Doors #: 1
Heat Type: Gas Hot Water
Central Air Conditioning: Partial
Sewers: Sanitary
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 ALL-PRO REALTY (1993) LTD.

41-43 King Stre East , Cobourg, K9A 1K6, Northumberland


 
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At a Glance:
Type: Com - Investment
Area: Northumberland
Municipality: Cobourg
Neighbourhood: Cobourg
Style:
Lot Size: x 162.36(Feet)
Approximate Age: 51-99
Tax: $7,000
Maintenance Fee: $0
Beds: 0
Baths: 9
Garage: 0
Fireplace: N
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