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X5324662
$1,399,900

7&9 King St W (King St & Division St)

Price: $1,399,900

Status: For Sale 

MLS®#: X5324662

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$1,399,900
  • Tax: $16,101/Annual (2020)
  • Community:Cobourg
  • City:Cobourg
  • Type:Commercial
  • Style:Investment
  • Size: 10,150 Sq Ft
  • Garage:Outside/Surface

Features:

  • HeatingGas Forced Air Closd
  • Sewer/Water SystemsMunicipal

Listing Contracted With: IPRO REALTY LTD., BROKERAGE

Description

Down Town Core -6500 Sq Ft Of Commercial Retail Space + 2 Apartments At The Intersection Of The 2 Main Arterial Streets Of Cobourg.. Amazing Location . Minutes Drive From 401 And A 2 Minutes Walk From Cobourg Beach And The New Condo Development. Ideal For Investors/Self User/Entrepreneur, Unlimited Potential To Set Up Any Successful Business. 17,000+ Per Day Traffic Count(2018). Cap Rate Potential Of 6+%.


Highlights

Very Successful Restaurant (Since 1964) On Site With 80 Seats And Huge Commercial Kitchen . The Other Unit Has An Accounting Firm As A Tenant. 2 Apartments On Upper Level.8 Parking Spots Behind The Property. Very Well Maintained Building.

Want to learn more about 7&9 King St W (King St & Division St)?

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’

Alla Poltavski

Sales Representative

iPro Realty Brokerage

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