79 King ST W #A Active Save Request In-Person Tour Request Virtual Tour
Cobourg,ON K9A 2M4
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,143 sqft
Price per Sqft $305
MLS Listing ID X8435474
Annual Tax Amount $4,546
Tax Year 2023
Property Description
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
Location
Province ON
County Northumberland
Community Public Transit
Area Cobourg
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Available