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$349,000
Est. payment /mo
1,143 SqFt
Active
79 King ST W #A Cobourg, ON K9A 2M4
UPDATED:
06/23/2024 12:24 AM
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
Parking Type None
Others
Security Features No
Listed by CENTURY 21 ALL-PRO REALTY (1993) LTD.