Stained Glass Storefront Windows Decorate The Street From This Iconic Downtown Cobourg Heritage Building C. 1835. Home For 40 Years To A Long-Time Favourited & Well-Frequented Leisure Wear Store Located In The Desired, Sunny, North Side Of King St W Near Victoria Hall, Farmer'S Market, Beach & Marina. 4 Tenanted Apartments Accessed From Main St Or Back Entrance Up Fire Escape In This Fire-Retrofitted, Updated Brick 3-Story Buildin. Income With Potential For Much More. Live/Work Investment In A Tourist Destination Locale Amidst Vibrant Boutiques, Restaurants & Anchor Businesses Of Banks, Finance, Professional & Town Offices, Pharmacies. Large Retail MN Floor Space Has High Ceilings, Changeroom, Bathroom. Large Warehouse Addition In Back. Private Parking Lot For 10+ Cars Accessed Via ROW In Back. This Is About OPPORTUNITY. Very Large, Mixed-Use & Well-Updated Space. Shingles Replaced 2008. $30,000 In Fire Retrofitted Upgrades Incl. Automatic Fire Shutters On Back Windows Down Fire Escape. $10,000 In Heritage Grant Upgrades To Facade. Entire Bldg Rented As Gross Rents. Tenant Income At 5300 Gross. Insurance $3067.69 Taxes; $12,664.37. Landlord Pays Bldg Insurance + Utilities Water, Gas, For Entire Building & EBB Heat For Apts. Currently At Lower Rents But Visionary Will See The Potential In This Downtown Jewel! 1KM To VIA Station 1HR To Toronto Inventory Turnkey Business May Be Purchased ($TBD) But Store Will Continue To Rent Space Until 3/30/21 (Id:15898)Show Description
Listed by: CENTURY 21 ALL-PRO REALTY (1993) LTD., BROKERAGE - COBOURG
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