$788,000
Properties with this icon are courtesy of TRREB.
GREAT RARE INVESTMENT OPPORTUNITY IN BUSY COMMERCIAL CORNER BUILDING ON THE MAIN STREET IN COBOURG.THE BUILDING CONSISTS OF 2 COMMERCIAL UNITS WHICH ARE A POPULAR RESTARAUNT AND A CONVENIENCE STORE.IT IS WELL MAINTAINED BUILDING CLOSE TO HERITAGE HIGHWAY 2 & 18, WHICH LEADS TO HWY 401 AND CLOSE TO COBOURG DOWNTOWN.HIGH VISIBILITY AND HIGH VOLUMET OF DAILY TRAFFIC WITH PLENTY OF PARKING SPOTS.EXCELLENT INVESTMENT OPPORTUNITY WITH NET LEASE INCOME OF $70,000 PER YEAR (RESTARAUNT) $40680/CONVENIECE $44880). TENANTS PAY THEIR OWN SEPARATE METER FOR HEAT AND HYDRO.
Property Info
MLS®:
X9271484
Listing Courtesy of
SUTTON GROUP-ADMIRAL REALTY INC.
Total Bedrooms
0
Total Bathrooms
0
Floor Space
0 sq.ft.
Lot Size
12107 sq.ft.
Style
other
Last Updated
2024-08-31
Property Type
Commercial/Retail
Listed Price
$788,000
Unit Pricing
$788,000/sq.ft.
Strata Fee
$0.00
Tax Estimate
$11,594/Year
More Details
Sold History
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Nearby Facilities
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School Catchments
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