$1,899,000
Available - For Sale
Listing ID: X11888354
40 King St West , Cobourg, K9A 2M1, Ontario
| 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. |
| Price | $1,899,000 |
| Taxes: | $13794.00 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 40 King St West , Cobourg, K9A 2M1, Ontario |
| Postal Code: | K9A 2M1 |
| Province/State: | Ontario |
| Legal Description: | PT LT 6 BLK D ( cont'd see attachment) |
| Lot Size: | 29.83 x 135.91 (Feet) |
| Directions/Cross Streets: | 2nd Street or Division Street |
| Category: | Store With Apt/Office |
| Building Percentage: | Y |
| Total Area: | 8022.80 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 5037 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 2986 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Approximatly Age: | 100+ |
| Sprinklers: | N |
| Washrooms: | 5 |
| Outside Storage: | N |
| Rail: | N |
| Crane: | N |
| Soil Test: | N |
| Grade Level Shipping Doors #: | 1 |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Sewers: | San+Storm |
| Water: | Municipal |
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| CENTURY 21 ALL-PRO REALTY (1993) LTD. |
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Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
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At a Glance:
| Type: | Com - Store W/Apt/Office |
| Area: | Northumberland |
| Municipality: | Cobourg |
| Neighbourhood: | Cobourg |
| Lot Size: | 29.83 x 135.91(Feet) |
| Approximate Age: | 100+ |
| Tax: | $13,794 |
| Baths: | 5 |
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