79 King Street W A&B, Cobourg, ON K9A 2M4
$550,000
$550,000

79 King Street W A&B

Cobourg, Cobourg, Northumberland $550,000

Make an offer

2 Baths
Parking for 0
Zoning: Main Commercial
MLS®#:
X13145260
Property Type:
Commercial Retail
Property Style:
Area:
Northumberland
Community:
Cobourg
Taxes:
$8,400 / 2026
Added:
May 18 2026
Lot Frontage:
0
Lot Depth:
0
Status:
Active
Outside:
Year Built:
16-30
Brokerage:
Century 21 United Realty Inc.
Intersection:
Third St/King St W
Rooms:
Bedrooms:
Bathrooms:
2
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Electric Forced Air
Heating Fuel:

Listing Details

**2 Commercial Condo Units** on Main Floor with a shared vestibule! Superior Office and Retail Prime Main St Location. Unit 1 Long Term Office Tenant installed. Owner can occupy Unit B as Tenant is relocating to upsize. Available June1/2026. These excellent Contemporary Units are in highly visible location and very well-renovated. Connected by shared wall & front vestibule but both private units have been rented separately for years. (Possibility to combine back to one large unit but Condo approval would be needed) Both have large Storefront Main Street Display Windows. Unit A offers welcoming Reception area, 4 Offices, Two 2-pce Baths R/in, Storage/File Cupboards. Unit B is a large & Open Retail space tenanted previously as successful Retail shop. Both units have High Ceilings, Newer Flooring, Move in and start your business right away. This is a fantastic price for a turnkey investment in an in-demand district. Bustling Downtown Heritage Street in Cobourg's business, boutique & tourist district. Steps to Marina, Yacht Club, Harbour, Lakefront, Esplanade & Beach. VIA Station is 1blk north. 401 close by. 100KM to Toronto for commuters. Set amongst Key Anchor Tenants, Banks, Financial & Professional Services, Victoria Hall, Art Gallery, Concert Hall, Restaurants, Cafes in the Business, Shopping, Entertainment & Tourist District. Unit A Tenant pays Base Rent $1,584.91/m + $770.75 TMI (Condo Fee $451.28/m & Property Tax $319.47/m) + Share of Heat/Utilities. Condo fee covers: Water, Bldg. Insurance, Common Elements, Reserve fund, Property Mgmt. Unit A Tenant pays $940.81/m TMI (Condo Fee $541.04/m + Property Tax $399.77/m) Gross Income With Unit B Vacant is: $19,019 per month Unit B can be Owner Occupied if not rented prior to purchase. It is being offered to Rent at $21 psf Tenants pay all Taxes, TMI, including the Condo Fee which covers Bldg Insurance, Water, Common Elements, Reserve Fund & Property Mgmt fees.

Insights

  1. Prime Location: Situated on Cobourg's bustling Main Street, this property benefits from high visibility and foot traffic, making it ideal for retail and office use. Proximity to key amenities like the marina, restaurants, and cultural venues enhances its appeal.
  2. Turnkey Investment Opportunity: With a long-term tenant in Unit A generating consistent income and the potential for owner occupancy in Unit B, this property offers immediate cash flow and flexibility for future use.
  3. Modern Renovations: Both units feature contemporary renovations, high ceilings, and large storefront windows, allowing for a professional and inviting atmosphere that can attract customers and clients right away.

Neighborhood Overview

Complete neighborhood profile for 79 King Street W A&B

Cobourg home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Cobourg
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)