REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 550,000
Est. payment /mo
New
79 King ST W #A&B Cobourg, ON K9A 2M4
2 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Cobourg
MLS Listing ID X13145260
Annual Tax Amount $8,400
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
**2 Commercial Condo Units** on Main Floor with a shared vestibule! Superior Office and Retail Prime Main St Location. Unit 1 Long Term Office Tenant installed. Owner can occupy Unit B as Tenant is relocating to upsize. Available June1/2026. These excellent Contemporary Units are in highly visible location and very well-renovated. Connected by shared wall & front vestibule but both private units have been rented separately for years. (Possibility to combine back to one large unit but Condo approval would be needed) Both have large Storefront Main Street Display Windows. Unit A offers welcoming Reception area, 4 Offices, Two 2-pce Baths R/in, Storage/File Cupboards. Unit B is a large & Open Retail space tenanted previously as successful Retail shop. Both units have High Ceilings, Newer Flooring, Move in and start your business right away. This is a fantastic price for a turnkey investment in an in-demand district. Bustling Downtown Heritage Street in Cobourg's business, boutique & tourist district. Steps to Marina, Yacht Club, Harbour, Lakefront, Esplanade & Beach. VIA Station is 1blk north. 401 close by. 100KM to Toronto for commuters. Set amongst Key Anchor Tenants, Banks, Financial & Professional Services, Victoria Hall, Art Gallery, Concert Hall, Restaurants, Cafes in the Business, Shopping, Entertainment & Tourist District. Unit A Tenant pays Base Rent $1,584.91/m + $770.75 TMI (Condo Fee $451.28/m & Property Tax $319.47/m) + Share of Heat/Utilities. Condo fee covers: Water, Bldg. Insurance, Common Elements, Reserve fund, Property Mgmt. Unit A Tenant pays $940.81/m TMI (Condo Fee $541.04/m + Property Tax $399.77/m) Gross Income With Unit B Vacant is: $19,019 per month Unit B can be Owner Occupied if not rented prior to purchase. It is being offered to Rent at $21 psf Tenants pay all Taxes, TMI, including the Condo Fee which covers Bldg Insurance, Water, Common Elements, Reserve Fund & Property Mgmt fees.
Location
Province ON
County Northumberland
Area Northumberland
Zoning Main Commercial
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Available
Building
Building Age 16-30
Others
Security Features No
ParcelsYN No
Listed by CENTURY 21 UNITED REALTY INC.
GET MORE INFORMATION
Follow Us