Exceptional opportunity to own a prime Main Street commercial condo in the heart of a vibrant destination downtown shopping, dining, boutique tourist district. The unit features large Main Street display windows, excellent signage visibility, and a spacious front patio-perfect for seasonal dining.This is a high-exposure location. Formerly Tezca, a popular Mexican cantina style food & tequila/cocktail bar. (Photos are of former restaurant decor & set up. Now a blank slate for your ideas. ) Kitchen infrastructure in place, charming details such as Exposed Brick wall, with Lam flooring & PVC walled Kitchen for easy clean up. A versatile commercial unit ideal for restauranteurs or investors who wish to purchase as income property and rent out. Owner can remove kitchen equipment - flexibility to reconfigure for a variety of commercial uses if buyer prefers. Enjoy steady pedestrian and drive-by traffic in a lively area surrounded by patrons from professional offices, banks, and residential communities. Extensively upgraded within the last 5 years and fire-retrofitted, the property includes significant improvements to plumbing, electrical, HVAC systems, kitchen areas, and 2 washrooms, making it well-suited for immediate use or further customization or personalization. Located steps to the waterfront tourist district, beach, boardwalk, marina, and yacht club, drawing visitors and locals year-round. Conveniently positioned only 1 block from VIA Rail, providing easy access for commuters, staff, and tourists, 100 KM from Toronto. Additional basement storage (approx. 5 ft. height) included. Restaurant kitchen equipment, dining chattels, patio railings included. A rare chance to own a well-located commercial space in a thriving downtown destination-ideal for hospitality, retail, or conversion for professional office use. TMI Includes: Condo Fee $368.95/M Taxes $427/m all subject to HST Condo Fee Covers Water/Bldg Insurance/Common Elements Maintenance, Reserve Fund. (id:66096)
Property Details
MLS®
X12908542
Property Type
Retail
Zoning
Mc
Bathrooms
2
Interior Size
720 ft²
Building Area
720 ft²
Heating
Other
Cooling
Fully air conditioned
Property Tax
$5,124/yr
Listed
226 days ago
Features
Appliances
Oven, Freezer
Services
Water
Municipal water
Sewer
Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
226d
Cobourg listings, avg age
80d
Price / ft²
$549
List price
$395K
Long Listed: 226 days on market, against an average age of 80 days across the listings currently for sale in this city
Market timing · days on market0 → 80d avg age of current listings
Long Listed · day 226
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 is available now. Want me to connect you with the agent or keep you posted on any price updates?
Listed by Century 21 United Realty Inc. · Denise Liboiron
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (K9A)
This home lists at $395,000, about 4.8× the local median household income of $82,000.
Carrying it typically needs a household income of about $77,157 (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)
$395,000· $549/ft²
For sale
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