Overview

This retail property in Cobourg is for sale offering roughly 1,303 sq ft of space.

Retail Space for Sale in Cobourg →All real estate in Cobourg →

Description

Fantastic opportunity to open your own business in beautiful historic downtown Cobourg. The ground floor commercial storefront is available with vacant possession, no leases in place and ready for you to start selling immediately. Why lease a store when you can buy one instead. Owning real estate is the optimal choice !! This beautifully renovated end unit comes with 2parking spaces at the back of the building. Be part of this vibrant Lakeside neighbourhood. Perfectly located with easy access to the 401, and mere steps from Cobourg's gorgeous beach and Farmers Markets in the Park. Close to stylish restaurants, cafe's and one-of-a-kind boutiques. (id:66096)

Property Details

MLS®: X13652254
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: Commercial condo
Bathrooms: 1
Parking: 2
Interior Size: 1,303 ft²
Frontage: 32 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $7,288.11/yr
Listed: 89 days ago

Market Timing

Days on market

89d

Cobourg listings, avg age

81d

Price / ft²

$536

List price

$698K

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

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Area context

Neighbourhood profile (K9A)

This home lists at $698,000, about 8.5× the local median household income of $82,000.

Carrying it typically needs a household income of about $136,344 (20% down, 25-yr amortization, stress-tested) — roughly 66% 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)

$698,000· $536/ft²

For sale

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Financing

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2-19 King Street West, Cobourg - Retail for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (K9A)

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