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Main Photo: 9&11 E King Street: Cobourg Property for sale : MLS®# X5671966
Photo 1: 9&11 E King Street: Cobourg Property for sale : MLS®# X5671966
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X5671966
Fantastic Opportunity To Invest In King St E Developing Location. Downtown Main Street Building Has Huge Potential. Live/Invest. Mixed-Use Commercial & Res Bldg Has 6+Spaces In Parking Area In Back, Accessed Via Rental Agreement Over Back Lane. May Be Able To Expand Bldg Into Parking Area For Added Units. Currently 2 Of 3 Commercial Units Tenanted By 1 Tenant. Other Commercial Unit 700 Sq Ft (Approx.) Is Vacant. You May Rent It Or Owner-Occupy Right Away! 2nd Fl Renovated Into 3 Large Separate Living Spaces W/ 3Kitchens 3Baths 6Brs 3Living Rms. Buyer Must Perform Due Diligence With Town Regarding All Intended Uses For Residence & Building. Mn Fl Has 3 Commercial Units W/ Great Tenant Who Occupies 2 Units @ Approx 2200 + Tmi. Seller Has Undertaken $100,000 In Updates: Roofing/Shingles, Plumbing, Wiring, Sep. Metres, Sep Heat. **Sold As Is**
Property Type:
Commercial
Commercial Type:
Store w/Apt/Office
Depth:
165'
Frontage:
52'
Total Area:
4,500 sq. ft.
Office/Apt Area:
2,000 sq. ft.
Retail Area:
2,500 sq. ft.
Zoning:
Main Commercial
Heating type:
Gas Forced Air Closd
Basement:
Full
Garage:
Other
Possession Details:
Immediate
Taxes:
$7,200 / 2022
Assessment:
$446,000.00 / 2022
Cobourg
2 Units Rented To Existing Retail Boutique At 2200/M Gross Lease. 1 Lower Vacant Commercial Unit Can Rent For Approx. 1300-1400/M Gross. Upper Residences/Large Unit Previously Rented At $3000 Gross. Being Sold As Is.
Public Transit, Rec Centre
Utilities:
Y
Water supply:
Municipal
Sewer:
Sewers
Seller Property Info Statement:
No
Air Conditioning:
Y
Log/Bldg/Unit Code:
Lot
Outside Storage:
Yes
Sprinkler system:
No
Type Taxes:
Annual
Category:
Store With Apt/Office
Freestanding:
Yes
Date Listed:
Jun 23, 2022
Original Price:
$799,000
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Listed by CENTURY 21 ALL-PRO REALTY (1993) LTD., BROKERAGE
Data was last updated June 28, 2022 at 05:55 PM (UTC)