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 area. Heritage District. Investment w/ long term tenant. Adjacent condo for sale |
Price | $349,000 |
Taxes: | $4546.18 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 79 King St West , Unit A, Cobourg, K9A 2M4, Ontario |
Apt/Unit: | A |
Postal Code: | K9A 2M4 |
Province/State: | Ontario |
Directions/Cross Streets: | Third St/King St W |
Category: | Commercial Condo |
Use: | Other |
Building Percentage: | N |
Total Area: | 1143.00 |
Total Area Code: | Sq Ft |
Office/Appartment Area: | 1143 |
Office/Appartment Area Code: | Sq Ft |
Retail Area: | 0 |
Retail Area Code: | Sq Ft |
Area Influences: | Public Transit |
Approximatly Age: | 16-30 |
Franchise: | N |
Sprinklers: | N |
Washrooms: | 2 |
Outside Storage: | N |
Crane: | N |
Heat Type: | Elec Forced Air |
Central Air Conditioning: | Y |
Elevator Lift: | None |
Sewers: | Sanitary |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
CENTURY 21 ALL-PRO REALTY (1993) LTD. |
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Book Showing | Email a Friend |
Type: | Com - Commercial/Retail |
Area: | Northumberland |
Municipality: | Cobourg |
Neighbourhood: | Cobourg |
Approximate Age: | 16-30 |
Tax: | $4,546.18 |
Baths: | 2 |