Multi-level commercial structure featuring horizontal brown siding and stone veneer accents Features: woods view, awning, split ac unit, electric meter

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Exterior facade featuring stone veneer and horizontal siding Features: stone siding, built in garage, chimney, lawn, stairs, driveway, stoop, horizontal siding, woods view, entry steps

Exterior building featuring stone veneer and horizontal wood siding Features: lawn, parking pad, metal roof, split ac unit, porch, horizontal siding, stone siding

Street-side signage featuring multiple business panels, including "Drapery Trends," "Makay Salon," and "Audley Interiors." The sign is set on a manicured lawn with mature trees and shrubbery in the background

Expansive asphalt parking area with concrete borders, surrounded by mature trees and manicured green spaces Features: street

Exterior commercial building featuring brown horizontal siding, a white overhead garage door, multiple windows, and a stone chimney accent Features: garage

Stone facade building with a wood-sided upper level and an arched window Features: stone siding, downspout, porch, split ac unit, horizontal siding, gutters

Vaulted wood-paneled ceiling with recessed lighting Features: high ceiling, drywall, wood finish floor, natural light, wood ceiling, vaulted ceiling, track lighting

Vaulted wood-plank ceiling complemented by wood-finish flooring Features: recessed lighting, cathedral ceiling, wood finish floor, drywall, wood ceiling, natural light, vaulted ceiling, high ceiling, wall mounted ac

Vaulted wood-plank ceiling with track lighting Features: drywall, high ceiling, wood finish floor, wood ceiling, wall mounted ac, vaulted ceiling, track lighting

Vaulted wood-paneled ceiling with track lighting, complementing wood-finish flooring Features: vaulted ceiling, high ceiling, drywall, wood finish floor, track lighting, stairs, wood ceiling, decorative columns

Vaulted wood-paneled ceilings with track lighting create a warm ambiance in this versatile space Features: drywall, wood ceiling, sink, recessed lighting, stone finish floor, vaulted ceiling, decorative columns

Hardwood-finish flooring complementing a white wall palette Features: natural light, wood finish floor, workshop, baseboards wall, textured ceiling, drywall, track lighting, wall mounted ac

Bathroom featuring a white vanity with paneling and storage, a dark countertop, an undermount sink, a large mirror, and tiled flooring Features: drywall, vanity, shower, natural light, tile floor, baseboards wall, toilet, mirror, vent, sink, full bathroom

Room with wood-finish flooring and white walls Features: textured ceiling, baseboards wall, wood finish floor, drywall

Bright room featuring wood-finish flooring, a window with blinds, and white walls Features: drywall, wood finish floor, tv, textured ceiling, wall mounted ac, baseboard radiator, track lighting, natural light

Expansive wood-finish composite decking with coordinating wood railing Features: deck, stoop, stairs, fence

Multi-level deck featuring composite decking and natural wood railing Features: deck, stairs

Exterior siding in a natural wood finish, complemented by a white rear entry door and a white-framed window Features: fence, woods view, central ac, lawn

Double glass panel entry doors beneath a light blue awning Features: awning, wood siding, electric meter, horizontal siding, stone siding

Spacious commercial interior featuring wood-finish flooring, a stone fireplace with a built-in hearth, a reception desk with a wood-look finish, and overhead fluorescent lighting Features: built in shelves, fireplace, indoor bar

Expansive main room with wood-finish flooring Features: wall mounted ac, natural light

Spacious commercial interior featuring wood-finish flooring and a wood slat accent wall Features: natural light, arched walkways, wall mounted ac

Open-concept commercial space featuring wood-finish flooring and multiple recessed light fixtures Features: natural light, wall mounted ac

Powder room featuring a single window, wood-finish flooring, a contemporary vanity with an integrated sink, a wall-mounted mirror, and a modern ceiling light fixture Features: sink, toilet, baseboards wall, vaulted ceiling, accent wall, natural light, half bathroom, wood finish floor, mirror, vanity, wallpaper wall, drywall

Spacious interior room featuring wood-finish flooring, a large window, and a sliding door with frosted glass panels Features: natural light, wood finish floor, drywall, baseboards wall

Spacious interior room with wood-finish flooring and a large window Features: drywall, wood finish floor, office area, baseboards wall, sink, natural light

Light wood-finish flooring complements the neutral wall color in this room featuring a large wall-mounted whiteboard, a window with a Roman shade, and a stone accent wall Features: baseboards wall, drop stairs, drywall, wood finish floor, natural light

Open interior space with wood-finish flooring, white walls, and track lighting Features: wood finish floor, stone wall, baseboards wall, drywall, natural light

Stone-clad architectural feature with a built-in shelf, complemented by wood-finish flooring Features: wood finish floor, drywall, arched walkways, baseboards wall

Property exterior featuring stone accents, brown plank siding, and a partial stone chimney Features: satellite dish, fence, awning, wood siding, chimney, downspout, horizontal siding, gutters, stone siding

Single-story commercial building featuring wood-look panel siding and white trim Features: woods view

Exterior facade featuring horizontal wood-finish siding, white window trim, and a white double-door entry Features: horizontal siding, wood siding

Interior space featuring light green walls, a full-lite entry door, and a partially visible wood-finish floor

Expansive workroom featuring wood-finish flooring, recessed lighting, exposed ductwork, and light green painted walls Features: vent, microwave, fire extinguisher, workshop

Spacious room featuring wood-finish flooring, fluorescent lighting, and light green walls Features: workshop, wood finish floor, drywall

Spacious commercial workspace featuring wood-finish flooring and ample overhead fluorescent lighting Features: smoke carbon monoxide detector, workshop

Spacious workroom featuring wood-finish flooring, fluorescent ceiling lights, and extensive table space Features: garage door opener, tv, workshop

Spacious workspace featuring multiple worktables, wood-finish flooring, and ample overhead lighting Features: workshop

Spacious commercial workspace featuring wood-finish flooring and light green walls Features: wood finish floor, workshop

Garage interior featuring a sectional overhead door, track lighting, and light-toned tile flooring Features: garage, workshop

Spacious workroom featuring light green walls and wood-finish flooring Features: drywall, natural light, workshop

Versatile workspace featuring light-toned flooring, white walls, and bright overhead lighting Features: workshop, ceiling mounted heater, drywall

Flexible room with wood-finish flooring, two-tone painted walls, a window with a valance and blinds, and recessed lighting Features: wood finish floor, tv, washer dryer, natural light, drywall, baseboards wall

Bathroom featuring a glass-enclosed shower, single vanity with wood cabinetry, and a built-in storage unit Features: sink, closet, baseboards wall, drywall, tile floor, full bathroom, mirror, vanity, toilet, shower

Spacious interior featuring wood-finish flooring, light green walls, and ample overhead fluorescent lighting

Utility room featuring exposed copper plumbing, a white utility sink, and a large furnace unit Features: sink, furnace

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For Sale - 66 Elgin Street, Cobourg, Ontario

66 Elgin Street

Cobourg , Ontario

$1,099,000

Est payment $5,277/mo

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Time on Jump 68 day

AI Summary *

Fully leased with stable income from three established commercial tenants.
Over 5,000 sq. ft. in a highly visible location on a busy route.
Includes 13 allocated parking spaces for easy access for tenants and customers.
Future development potential with residential zoning component for additional revenue.
Recent capital improvements reduce immediate maintenance concerns for investors.

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Down Payment:
$ 54,950 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Exceptional investment opportunity in one of cobourg's established commercial corridors. This fully leased income producing property combines stable cash flow, future development potential and a highly desirable location with exceptional visibility and exposure. With over 5,000sq. Ft., this building is home to three established commercial tenants, providing immediate rental income while minimizing vacancy risk. Situated on a high traffic route with 13 municipally allocated parking spaces, the property offers excellent accessibility for tenants and customers alike, a valuable feature that's increasingly difficult to find in cobourg. Positioned within the lm-14 zoning designation, the property also presents future opportunities for investors. In addition to its existing commercial use, the property includes one residential zoning component and may offer the potential to add/convert a residential unit, subject to approval from the town of cobourg, creating an opportunity to further enhance revenue over time. The current owners have made substantial capital improvements throughout their ownership, including a steel roof, multiple ductless heating and cooling systems, renovated commercial spaces, updated kitchens and bathrooms, new flooring, doors, security upgrades, mechanical improvements and more. These investments provide peace of mind while reducing the likelihood of major capital expenditures in the near future. Whether you're expanding an investment portfolio, securing a long term commercial asset or looking for a property with additional upside, 66 elgin street west offers a compelling combination of reliable income, quality improvements and future potential in one of northumberland county's strongest commercial markets.

Listing IDX13572802

Address66 Elgin Street

CityCobourg, Ontario

Price$1,099,000

StyleCommercial Retail

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype Commercial RetailHeating / Cooling Baseboard

Market Info

Listing Agency:
RE/MAX Rouge River Realty Ltd.

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Listing Agency:
RE/MAX Rouge River Realty Ltd.

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For Sale - 66 Elgin Street, Cobourg, Ontario

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