haho.ca
$449,000
For sale

1001 Division Street, Cobourg - Business for Sale

1001 Division Street, Cobourg, Ontario, K9A3J2

2,400 ft²Listed 256 days ago
Overview

This business in Cobourg is for sale offering roughly 2,400 sq ft of space.

Description

Here is your chance to be your own boss! Turn key, very profitable business in a fantastic location with lots of traffic and ample free parking! Free standing building Of 2400 Sq Feet With High Exposure to both residential and commercial customers!! 77 seats, reliable and hard working staff, just take over and start making money right away!! Weekly Sales over $14000, Low Rent Of $7300 Including Tmi. Long lease of 5 years plus 10. (id:66096)

Property Details

MLS®
X12810108
Property Type
Business
Business Type
Restaurant
Zoning
Commercial
Interior Size
2,400 ft²
Building Area
2,400 ft²
Heating
Forced air
Cooling
Fully air conditioned
Property Tax
$7,300/yr
Listed
256 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
256d
Cobourg listings, avg age
80d
Price / ft²
$187
List price
$449K

Long Listed: 256 days on market, against an average age of 80 days across the listings currently for sale in this city

Homes here sell close to asking price

Homes in this market sold for an average of 97.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This business in Cobourg is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by ROYAL LEPAGE SIGNATURE REALTY · MICHAEL PEOVSKI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K9A)

This home lists at $449,000, about 5.5× the local median household income of $82,000.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 7% above the area median.

Median household income
$82,000
Population
26,757
Median age
53.2
Owner / renter
74% / 26%
Avg. household size
2.3

Source: Statistics Canada, 2021 Census (FSA K9A)

$449,000· $187/ft²
For sale

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Financing

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$449,000

Cobourg

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