39 King Street W Cobourg, Ontario K9A 2M1
$1,299,000
Fantastic new price! A 6% Cap Rate on this Excellent condition Freehold, Mixed-Use Commercial/Residential 3FL Apt. Bldg. Prime Downtown Location 100 km to Toronto. TURNKEY INCOME. Commercial Unit Main Floor LEASED for 3 YR Term + 3 long-term Tenanted Residential Income Apts. Mn Fl was owner-operated Salon for 22 Years. Currently a vibrant Retail Clothing & Specialty items Tenant. Buy it & enjoy the benefits of monthly cash flow & solid income with no updates needed. Historic Character & Well-Updated Building. 3 Res Apts. Tenanted on 2nd & 3rd FL w/Sep. Front Door entrance. Overlooks boutique tourist & shopping district. Main Floor Commercial has Beautiful big Storefront Display Windows Treatment room, formerly had hair stations (plumbing was capped for new retail Tenant but remains Roughed in) plus a large merch & reception area. 4 Entrances. Basement & Main Floor both have Walkouts to 3 parking spots in back. Great for Shipping/receiving. Public Parking behind, Steps to the Marina, Yacht Club, Beach, Park, Esplanade & Boardwalk. Adjacent to gorgeous Victoria Hall, Art Gallery & Concert Hall. Large Banner signage area in front & back. Plenty of natural light, high ceilings, laminate & tile flooring. Basement is now a Print Shop for Tenant & includes an office, laundry hookups, 2pce Bath, Storage. Invest for Success in coveted Prime location near Victoria Hall. VIA 1Blk ~ 100km to Toronto **EXTRAS** Newer membrane roof, 3 Parking Spots. Potential for back patio. Plans available. Brick building w/ character in great condition. Tenant leases for review with offer in place. Ask for Income & Expenses worksheet. (id:50886)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X10433227 |
| Property Type | Multi-family |
| Community Name | Cobourg |
| Parking Space Total | 3 |
Building
| Bathroom Total | 5 |
| Age | 100+ Years |
| Appliances | Water Heater |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 4,390 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 115 Ft ,7 In |
| Size Frontage | 22 Ft ,3 In |
| Size Irregular | 22.26 X 115.6 Ft |
| Size Total Text | 22.26 X 115.6 Ft |
| Zoning Description | Mc |
https://www.realtor.ca/real-estate/27671054/39-king-street-w-cobourg-cobourg
Contact Us
Contact us for more information
Denise Eileen Liboiron
Salesperson
www.deniseliboiron.com/
www.facebook.com/DeniseLiboironRealEstate/
twitter.com/DeniseLiboiron
www.linkedin.com/in/denise-liboiron-aaa4571a/
365 Westwood Drive Unit 5
Cobourg, Ontario K9A 4M5
(905) 372-3355
(905) 372-4626
www.century21.ca/allprorealty
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 18 2025 08:17:25
Central Lakes Association of REALTORS®
Century 21 All-Pro Realty (1993) Ltd.