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$ 1,899,000
Est. payment /mo
Active
40 King ST W Cobourg, ON K9A 2M1
5 Baths
8,022 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 8,022 sqft
Price per Sqft $236
Subdivision Cobourg
MLS Listing ID X11888354
Building Age 100+
Annual Tax Amount $13,794
Tax Year 2024
Property Sub-Type Store W Apt/Office
Property Description
Excellent Opportunity! This could make an Amazing Boutique Hotel in a Prime Tourist District! Exceptional High-Grade Professional Reno Income Property. A Rare find. Superior condition, Mixed-Use Residential/Commercial Investment. Flexibility of use for this immaculate building in the heart of downtown close to the VIA Station (100km to Toronto. A completely updated top to bottom, 4-story historic brick character building c.1870s Located steps to Beach, Marina, Yacht Club. VIA station 1Blk N & 100 km to Toronto. A Live-work or Investors dream! Quality custom craftsmanship & designer finishes: Canadian maple Hardwood floors, Vaulted ceilings, Contemporary Kitchen & Baths, B/In Cabinetry, Barn Doors. Arched windows flood light in to upper living spaces. Views over a vibrant downtown. 4 Entrances King St & back Entrance. Lift Elevator. 1st Flr is a retail clothing store & includes Large Display Windows, finished basement w/ Staff Room, Storage, 2 2-piece baths. 2nd Flr used as Office/Studio & Warehouse - could be converted into another living space. It features a 3-piece Bath & 2 Large Rooms. On the 3rd flr a Northside living room enjoys Glass Doors out to an 800 sq ft Rooftop Terrace. Perfect for relaxing or entertaining. Includes a guest BR & modern 4-piece bath. A top Floor Grande, Primary BR Suite with a Laundry/Bath combo & Walk-in Closet. Bonus in 4 Parking Spaces backing onto public parking lot. Ship/Receive Access in back. The business is available for sale, providing a unique live-work opportunity if interested! Owners will consider to vacate the space also or may rent that space back until the business sells. Modern heat/cool pump on upper floors & gas furnace a/c on main floor. A smart acquisition for income or Live-Work space. **EXTRAS** All SS Appls. Heat Pump/Wall unit. Lift. Maple Hardwood Floors, Vaulted Ceiling, Pot Lights, Fans, Contemporary Kitchen & Baths, B/in Cabinets. Warehouse Space on 2nd Fl. Office/Studio. Central Vac.& Components.
Location
Province ON
County Northumberland
Community Cobourg
Area Northumberland
Zoning MC-4
Interior
Cooling Yes
Inclusions All Appls. All ELF Fans & Remote. Central Vac. A/C. Lift style Elevator. Hot Water Heater.
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 29.828
Lot Depth 135.91
Others
Security Features No
Virtual Tour https://listings.insideoutmedia.ca/sites/dnrbgon/unbranded
Listed by CENTURY 21 ALL-PRO REALTY (1993) LTD.