State-of-the-art commercial condo. Fully renovated with premium design, transferable licensing, & outstanding flexibility, making it ideal for investors or owner-operators alike. A Rare Value! Exceptional opportunity to own a turnkey restaurant, cafe, or bar in the heart of a vibrant, high-traffic downtown tourist district 100 km from Toronto. Professionally rebuilt 2 years new, the space was fully renovated & showcases high-grade fixtures finishes throughout, wrapped in a sleek, modern, minimalist aesthetic designed for both efficiency & visual impact. Formerly operating as a successful espresso, wine, craft beer, martini bar, the unit attracted a loyal clientele. LCBO licensed for 30 seats (transferable), an elegant long bar with granite steel countertops, a book-matched marble backsplash with stacked handmade wall tile, durable 24" x 24" terrazzo-style porcelain flooring. Additional features include steel shelving, large display windows with security gates, washrooms, a generous prep storage room, basement storage (wet-wrapped & dry), rear access beyond 2 washrooms, a small outdoor cafe table area. Ideally positioned steps from the marina, yacht club, lake, beach, park & adjacent to cultural landmarks such as Victoria Hall & the Art Gallery, Concert Hall, live Music venues. Surrounding streets are lined with boutiques, professional offices, banks, entertainment, dining, ensuring consistent year-round foot traffic. Purchase as a pure investment with a tenant ready to lease, or buy & owner operate your own concept immediately. Select equipment, including a Bosco espresso machine & professional barista setup negotiated separately. With ample street & nearby lot parking, proximity to the VIA Rail station, and easy access via the 401/407 corridor, this location is perfectly positioned to benefit from continued growth & tourism momentum. A rare, high-quality commercial condo in a premier downtown location-ideal for investors, restaurateurs, or lifestyle entrepreneurs (id:66096)
Property Details
MLS®
X12711350
Property Type
Retail
Zoning
MC
Interior Size
995 ft²
Heating
Forced air
Cooling
None
Property Tax
$5,050/yr
Listed
289 days ago
Features
Appliances
Dishwasher
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
289d
Cobourg listings, avg age
80d
Price / ft²
$502
List price
$499K
Long Listed: 289 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 289
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 $499,000, about 6.1× the local median household income of $82,000.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 19% 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)
$499,000· $502/ft²
For sale
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