Brick facade with a prominent gabled dormer featuring decorative trim Features: shingle roof, stoop, brick siding More Photos

×

    For Sale - 31 King Street, Cobourg, Ontario

    Est payment $4,744/mo
    Get pre-qualified
    Views   1
    Time on Jump  69 day

    AI Summary *

    • Solid brick semi-detached building in vibrant downtown Cobourg.
    • Operating restaurant on main level with inviting layout and popular patio.
    • Two spacious residential apartments upstairs with lake views.
    • Stable income from fully tenanted property, great for investors.
    • Close to waterfront, marina, and beach, attracting tourists and locals.




    Amazing investement opportunity for investors and end user!! Excellent investment and lifestyle opportunity in the heart of downtown cobourg. This solid brick semi-detached building offers a strong mixed-use configuration featuring a fully operating restaurant on the main level and two spacious residential apartments on the second floor each with a view of the lake. The main floor restaurant has been recently upgraded and is well maintained, with a proven history of successful operation. It includes an inviting layout and an outstanding patio area that has become a popular destination for patrons over the years. The second level consists of two large residential apartments, both well proportioned and suited for long-term tenants. The property is fully tenanted, with the restaurant paying approximately $6,250/month including hst, and each residential unit renting for approximately $1,100/month, providing stable and consistent income. Situated in cobourg's vibrant downtown, the property benefits from steady pedestrian activity, local amenities, and year-round appeal from both tourists and residents. The location is enhanced by its proximity to the waterfront, with the popular marina and cobourg beach just a short walk away, drawing significant seasonal and weekend traffic. The building is well maintained throughout and includes a full basement. Existing tenants would be happy to remain, providing a seamless investment transition, or vacant possession can be arranged for an owner-operator. A rare opportunity to acquire a well-performing mixed-use asset in one of cobourg's most desirable and high-traffic downtown locations.
    Listing IDX13166864
    Address31 King Street
    CityCobourg, Ontario
    Price$988,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailBasement 1Heating / Cooling Gas Forced Air Closed

    ASAP

    Sun

    2

    Aug

    Mon

    3

    Aug

    Tue

    4

    Aug

    Wed

    5

    Aug

    Thu

    6

    Aug

    Fri

    7

    Aug

    Sat

    8

    Aug

    Sun

    9

    Aug

    Mon

    10

    Aug

    Tue

    11

    Aug

    Wed

    12

    Aug

    Thu

    13

    Aug

    Fri

    14

    Aug

    Sat

    15

    Aug

    Sun

    16

    Aug

    Mon

    17

    Aug

    Tue

    18

    Aug

    Wed

    19

    Aug

    Thu

    20

    Aug

    Fri

    21

    Aug

    Sat

    22

    Aug

    Sun

    23

    Aug

    Mon

    24

    Aug

    Tue

    25

    Aug

    Wed

    26

    Aug

    Thu

    27

    Aug

    Fri

    28

    Aug

    Sat

    29

    Aug

    Sun

    30

    Aug

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Agency:  REAL BROKER ONTARIO LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    2104 Sandy Oaks Drive
    Orleans - Convent Glen And …
    5 Beds | 4 Baths
    $899,900
    1 Foxlair Court
    Whitchurch-Stouffville, Ont…
    7 Beds | 5 Baths
    $2,599,000
    3373 Regiment Road
    London South, Ontario.
    5 Beds | 4 Baths
    $1,359,000
    2505 Stevensville Road
    Fort Erie, Ontario.
    4 Beds | 3 Baths
    $589,000
    160 William Duncan Road
    Toronto, Ontario.
    3 Beds | 3 Baths
    $599,000
    3053 Heardcreek Trail
    London North, Ontario.
    4 Beds | 4 Baths
    $814,900
    36 Oliver'S Mill Road
    Springwater, Ontario.
    5 Beds | 5 Baths
    $1,478,800
    82 Major Street
    Toronto, Ontario.
    6 Beds | 6 Baths
    $2,998,369
    933 Glenbourne Court
    Oshawa, Ontario.
    4 Beds | 3 Baths
    $789,000
    Loading...
    31 King Street
    Cobourg , Ontario
    $988,000
    Get more info