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$399,000
Available - For Sale
Listing ID: X8104028
Professional Offices Investment Opportunity! Superb, renovated Commercial Condo with Large Main Street Display Windows, 4 Offices, a Reception Area, Two 2-pce Baths R/in, Storage. Located well in a busy Downtown heritage streetscape in the business, boutique & tourist district steps to the Beach/Marina. Select your next investment in this in-demand district just Steps to Marina, Harbour, Lakefront, Esplanade & Beach. VIA Station is 1blk north & 1hr to Toronto for commuters. Unit shares entry vestibule common area w/ adjacent unit w/ Tenant in place. Set amongst Key Anchor Tenants, Banks, Financial & Professional Services, Victoria Hall, Art Gallery, Concert Hall, Restaurants, Cafes in the Business, Shopping, Entertainment & Tourist District. Tenant pays Condo Fee $493.69/m, Property Tax, Heat/Utilities. (Condo fee covers Water, Bldg Insurance, Common Elements, Reserve fund, Property Mgmt.) Gross Income $18,288.00 Cap Rate 4.6% Solid Tenant Business Offices Lease just renewed 10/31/24
Extras:   High Ceilings, Large Front Windows. Updated Laminate Flooring, Lighting, 2-2pce Baths R/In, Storage Cupboards, Shared Front vestibule entrance. Outdoor display space. Heritage District. Turnkey Investment w/ long term tenant.
Price $399,000
Taxes: $4,546.18
Tax Type: Annual
Occupancy by: Owner
Address: 79 King St West , Unit A, Cobourg, K9A 2M4, Ontario
Apt/Unit: A
Postal Code: K9A 2M4
Province/State: Ontario
Directions/Cross Streets: Third St/King St W
Zoning: Main Commercial
Category: Commercial Condo
Use: Other
Building Percentage: N
Total Area: 1,143
Total Area Code:  Sq Ft
Office/Appartment Area: 1143
Office/Appartment Area Code: Sq Ft
Retail Area: 0
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Approximatly Age: 16-30
Franchise: N
Sprinklers: N
Outside Storage: N
Crane: N
Heat Type: Elec Forced Air
Central Air Conditioning: Y
Elevator Lift: None
Sewers: Sanitary
Water: Municipal
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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.

79 King St West , Unit A, Cobourg, K9A 2M4, Ontario


 
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Type: Com - Commercial/Retail
Area: Northumberland
Municipality: Cobourg
Neighbourhood: Cobourg
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Approximate Age: 16-30
Tax: $4,546.18
Maintenance Fee: $0
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Baths: 2
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