#5 1025 Elgin Street West, Cobourg - Business for Sale
#5 1025 Elgin Street West, Cobourg, Ontario, K9A5W4
This business in Cobourg is for sale offering roughly 1,765 sq ft of space. It has been on the market 37 days, fresher than the Cobourg average of 81 days.
Description
SCORE PIZZA Business in Cobourg, ON is For Sale. Located at the busy intersection of Elgin St W & Strathy Rd. Surrounded by residential neighbourhoods, retail stores, offices, major amenities and much more. Monthly Sales: Approx. $25,000. Rent: $8,124.10/month including TMI & HST, Store Area: 1,765 Sq. Ft., Lease Term: 10 years from June 2023 to June 2033, Operating Since: June 2023. Features 40 seats, is licensed to serve alcohol, and is approved for a patio. Excellent franchise restaurant business with great potential to grow sales even further. (id:66096)
Property Details
- MLS®
- X13835138
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- SC-1
- Interior Size
- 1,765 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 37 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 37 days on market, against an average age of 81 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.
This business in Cobourg has been listed for 37 days, which is 44 days fresher than the city average of 81. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K9A)
This home lists at $149,000, about 1.8× the local median household income of $82,000.
Carrying it typically needs a household income of about $29,105 (20% down, 25-yr amortization, stress-tested) — within reach of 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)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$149,000
Cobourg