8 parking3,850 ft²114 × 150 ft (17,100 sq ft) lot sizeListed 69 days ago
Overview
This retail property in Cobourg is for sale offering roughly 3,850 sq ft of space. It has been on the market 69 days, fresher than the Cobourg average of 81 days.
Exceptional live/work opportunity in Cobourg's CM Light Commercial zone! This versatile property features a well-maintained all-brick bungalow and an approximately 2,500 ft2 heated workshop, making it ideal for entrepreneurs, tradespeople, automotive-related businesses, contractors, service companies, and a variety of other permitted commercial uses. The shop offers multiple drive-in doors, an office, washroom, ample storage space, and excellent functionality for day-to-day operations. Parking is abundant, with a large paved driveway at the front and an expansive 60' x 100' rear parking and storage area capable of accommodating vehicles, equipment, trailers, or fleet operations. The bungalow offers 2 bedrooms and 2 bathrooms on the main floor, plus a third bedroom and additional bathroom in the partially finished basement, providing comfortable on-site living, or space for staff and family. Numerous updates include roof, siding and windows replaced on the workshop, completed in 2020. A rare opportunity to own a highly functional commercial property with residential accommodation in one convenient package. Move your business here and start operating from day one. (id:66096)
Property Details
MLS®
X13721488
Property Type
Retail
Business Type
Automobile
Zoning
CM Light Commercial
Parking
8
Interior Size
3,850 ft²
Lot Size
114 × 150 ft (17,100 sq ft)
Frontage
114 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Garage
Other
Property Tax
$5,162/yr
Listed
69 days ago
Features
Appliances
Washer, Dishwasher, Dryer
Services
Water
Municipal water
Sewer
Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
69d
Cobourg listings, avg age
81d
Price / ft²
$226
List price
$869K
Long Listed: 69 days on market, against an average age of 81 days across the listings currently for sale in this city
Market timing · days on market0 → 81d avg age of current listings
Long Listed · day 69
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 retail in Cobourg has been listed for 69 days, which is 12 days fresher than the city average of 81. Act while there is still low competition.
Listed by COLDWELL BANKER - R.M.R. Real Estate · Paul Lang
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (K9A)
This home lists at $869,000, about 10.6× the local median household income of $82,000.
Carrying it typically needs a household income of about $169,746 (20% down, 25-yr amortization, stress-tested) — roughly 107% 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)
$869,000· $226/ft²
For sale
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Financing
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