Royal LePage ProAlliance Realty
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$1,111,000

148-150 KING ST W
Cobourg, Ontario K9A2M5

ID# X7307898
Immense Multi-faceted Income Potential. Multi-Unit, Mixed-Use Brick Building. Recently 5 Units: Air BnB, 3 Residential Apts. & Commercial space + Garage & Workshop. *Owner-Occupied with Vacant possession available* Set Market Rents! Or Transform to Duplex, Townhomes, SF home. Boutique Hotel? High Ceilings. Character. Documented as c1835 remodeled in 1850 w/Addition 1990s. Previous Commercial uses: Tavern, Tileshop, Radio Station, Home-Based biz w/ Apts. Highly visible location at prominent gateway entering the Vibrant Commercial Boutique Tourist, Shopping & Dining district surrounded by historic churches, Century homes, International School. Steps to all amenities: the coveted Beach, Marina, Boardwalk. VIA Station 1blk. 401 2km. The MC8 Zoning allows many uses. Well-upgraded & maintained building loaded with potential for multi-income units &/or owner-occupied uses. Potential for great cap rate based on market rents. Heritage Commercial District! Some heritage incentives may apply!**** EXTRAS **** Steel Roof. Display Windows. Tilework. Workshop. Garage. Attic converted. Extra Parking. Historic character & details (banister, flooring,Fan Transom window design.) Storefront Commercial Spaces. Sold As Is (id:54822)
Courtesy of CENTURY 21 ALL-PRO REALTY (1993) LTD.

Listed on: November 16, 2023

On market: 14 days
Bathroom Total 4
Cooling Type Partially air conditioned

Head Office

Royal LePage ProAlliance Realty, Brokerage

357 Front Street Empire Square

Belleville, OntarioK8N 2Z9


Bus: (613) 966-6060

Fax: (613) 966-2904

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