40 King St W
Cobourg, K9A2M1
For Sale
$1,899,000
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Store With Apt/Office
CATEGORY8,023 Sq Ft
TOTAL AREAX11888354
MLSIDContact Us
Property Description
Excellent Opportunity! This could make an Amazing Boutique Hotel in a Prime Tourist District! Exceptional High-Grade Professional Reno Income Property. A Rare find. Superior condition, Mixed-Use Residential/Commercial Investment. Flexibility of use for this immaculate building in the heart of downtown close to the VIA Station (100km to Toronto. A completely updated top to bottom, 4-story historic brick character building c.1870s Located steps to Beach, Marina, Yacht Club. VIA station 1Blk N & 100 km to Toronto. A Live-work or Investors dream! Quality custom craftsmanship & designer finishes: Canadian maple Hardwood floors, Vaulted ceilings, Contemporary Kitchen & Baths, B/In Cabinetry, Barn Doors. Arched windows flood light in to upper living spaces. Views over a vibrant downtown. 4 Entrances King St & back Entrance. Lift Elevator. 1st Flr is a retail clothing store & includes Large Display Windows, finished basement w/ Staff Room, Storage, 2 2-piece baths. 2nd Flr used as Office/Studio & Warehouse - could be converted into another living space. It features a 3-piece Bath & 2 Large Rooms. On the 3rd flr a Northside living room enjoys Glass Doors out to an 800 sq ft Rooftop Terrace. Perfect for relaxing or entertaining. Includes a guest BR & modern 4-piece bath. A top Floor Grande, Primary BR Suite with a Laundry/Bath combo & Walk-in Closet. Bonus in 4 Parking Spaces backing onto public parking lot. Ship/Receive Access in back. The business is available for sale, providing a unique live-work opportunity if interested! Owners will consider to vacate the space also or may rent that space back until the business sells. Modern heat/cool pump on upper floors & gas furnace a/c on main floor. A smart acquisition for income or Live-Work space. **EXTRAS** All SS Appls. Heat Pump/Wall unit. Lift. Maple Hardwood Floors, Vaulted Ceiling, Pot Lights, Fans, Contemporary Kitchen & Baths, B/in Cabinets. Warehouse Space on 2nd Fl. Office/Studio. Central Vac.& Components.
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Property Details
Category
Store With Apt/Office
Zoning
Mc-4
Total Area
8,023 Sq Ft
Office/Apartment Area
5,037 Sq Ft
Retail Area
2,986 Sq Ft
Lot Size
30' x 136'
Taxes
$13,794 (2024)
Washrooms
5
Air Conditioning
Yes
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Listing contracted with Century 21 All-Pro Realty (1993) Ltd.
Similar Listings
Entire 3 Storey Building for sale in Historic Downtown Cobourg 1 block from the Beach and Yacht Club. One of the prettiest Heritage Buildings on the retail strip. Fronting on the south side of King St West with full open south views of Lake Ontario and sunsets out back. Private Parking for 4 cars. Rare opportunity to purchase with "vacant possession". Each floor is approximately 1500 sq ft with 12 and 15 foot ceilings. The main retail storefront has been renovated with beautiful detail. Spectacular Display windows are the talk of the town! The upper 2 residential floors are open warehouse space ready for your development plans. Gorgeous arched windows roughly 7 ft tall bring in loads of light. Designing the space is a dream come true if you plan on a live/work environment. This building is completely self contained. No shared staircases. The Cobourg Community in Northumberland County is amazing and very supportive of small business ownership. Possibilities are endless.
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