Overview

This retail property in Cobourg is for sale offering roughly 6,000 sq ft of space.

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

Description

Downtown Cobourg Commercial/Retail space in sought after, high foot traffic location. Walking distance to other area amenities and Cobourg Beach. Public parking behind the building makes this location convenient and easily accessible for clients. Property includes two retail spaces plus two one bedroom apartments on the second floor and an unfinished third floor waiting for your personal vision. All spaces are currently tenanted. (id:66096)

Property Details

MLS®: X8489498
Property Type: Retail
Zoning: MC-4
Parking: 4
Interior Size: 6,000 ft²
Lot Size: 37 × 134 ft (5,016 sq ft)
Frontage: 38 ft
Heating: Forced air, Natural gas
Cooling: Partially air conditioned
Property Tax: $9,984/yr
Listed: 859 days ago

Market Timing

Days on market

859d

Cobourg listings, avg age

80d

Price / ft²

$217

List price

$1.30M

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 $1,299,900, about 15.9× the local median household income of $82,000.

Carrying it typically needs a household income of about $253,916 (20% down, 25-yr amortization, stress-tested) — roughly 210% 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)

$1,299,900· $217/ft²

For sale

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Financing

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32-34 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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