40 King Street W Cobourg, Ontario K9A 2M1
$1,899,000
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. (id:47351)
Property Details
| MLS® Number | X11888354 |
| Property Type | Retail |
| Community Name | Cobourg |
| Amenities Near By | Public Transit |
| Features | Irregular Lot Size |
Building
| Bathroom Total | 5 |
| Age | 100+ Years |
| Appliances | Central Vacuum, Water Heater |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 8,023 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 135 Ft ,10 In |
| Size Frontage | 29 Ft ,9 In |
| Size Irregular | 29.828 X 135.91 Ft ; 30.63 Ft X 135.91 Ft X 29.82 Ft X 52.44 |
| Size Total Text | 29.828 X 135.91 Ft ; 30.63 Ft X 135.91 Ft X 29.82 Ft X 52.44 |
| Zoning Description | Mc-4 |
https://www.realtor.ca/real-estate/27727865/40-king-street-w-cobourg-cobourg
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March 25 2025 02:50:44
Central Lakes Association of REALTORS®
Century 21 All-Pro Realty (1993) Ltd.