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#A -79 KING ST W
Cobourg Ontario K9A2M4 Canada

$399,000

Active Listing ID X8104028
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1,143 square feet
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2.00 Bath
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Retail

$399,000

Active Listing ID X8104028
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#A -79 KING ST W Professional Offices Investment Opportunity! Superb, renovated Commercial Condo with Large Main Street Display Windows, 4 Offices, a Reception Area, Two 2-pce Baths R/in, Storage. Located well in a busy Downtown heritage streetscape in the business, boutique & tourist district steps to the Beach/Marina. Select your next investment in this in-demand district just Steps to Marina, Harbour, Lakefront, Esplanade & Beach. VIA Station is 1blk north & 1hr to Toronto for commuters. Unit shares entry vestibule common area w/ adjacent unit w/ Tenant in place. Set amongst Key Anchor Tenants, Banks, Financial & Professional Services, Victoria Hall, Art Gallery, Concert Hall, Restaurants, Cafes in the Business, Shopping, Entertainment & Tourist District. Tenant pays Condo Fee $493.69/m, Property Tax, Heat/Utilities. (Condo fee covers Water, Bldg Insurance, Common Elements, Reserve fund, Property Mgmt.) Gross Income $18, 288.00 Cap Rate 4.6% Solid Tenant Business Offices Lease just renewed 10/31/24 **** EXTRAS **** High Ceilings, Large Front Windows. Updated Laminate Flooring, Lighting, 2-2pce Baths R/In, Storage Cupboards, Shared Front vestibule entrance. Outdoor display space. Heritage District. Turnkey Investment w/ long term tenant. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Retail
  • Features
  • Cooling System: Fully air conditioned
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 4/4/2024 9:10:44 AM GMT
Source Updated Date: 4/24/2024 5:30:12 AM GMT

Courtesy of: DENISE EILEENLIBOIRON, Salesperson, CENTURY 21 ALL-PRO REALTY (1993) LTD.

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