This retail property in Cobourg is available for rent offering roughly 1,100 sq ft of space. It has been on the market 12 days, fresher than the Cobourg average of 81 days.
An exceptional opportunity to bring your restaurant vision to life in the heart of Downtown Cobourg! Situated just steps from Cobourg's beautiful waterfront and directly across from historic Victoria Hall, this prime location offers outstanding visibility, walkability, and proximity to the vibrant shops, boutiques, businesses, and attractions that make downtown Cobourg a destination for locals and visitors alike. Home to the popular The EL (formerly El Camino) since 2013, this established restaurant location is ready for its next chapter. Offering approximately 1,100 sq. ft. of restaurant space, plus front and rear patios, two washrooms, and a full basement for storage. A commercial kitchen hood, fire suppression system, and front patio railings are included. Restaurant chattels and equipment may also be available for purchase or lease separately, providing an opportunity for a streamlined opening. Lease Details: Base rent of $3,250/month for Year 1, plus TMI (property taxes currently $633.95/month) and HST. Base rent increases by just $50/month annually for Years 2-5. A new liquor licence application and AGCO approval will be required. Located in one of Cobourg's most desirable commercial corridors, surrounded by thriving businesses, residential neighbourhoods, and popular tourist destinations, this is an exciting opportunity to establish your restaurant in a vibrant waterfront community just 100 km east of Toronto. Prime location. Established restaurant space. Endless possibilities for your next culinary venture! (id:66096)
Property Details
MLS®
X14111326
Property Type
Retail
Business Type
Service
Zoning
MC Main Central Commercial
Transaction
Lease
Interior Size
1,100 ft²
Building Area
1,100 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$7,607.41/yr
Listed
12 days ago
Features
Appliances
Hood Fan
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
12d
Cobourg listings, avg age
81d
Rent
$3,250
Active: 12 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
Active · day 12
Haho
This retail in Cobourg has been listed for 12 days, which is 69 days fresher than the city average of 81. Act while there is still low competition.
