40 KING STREET W, Cobourg, Ontario, K9A2M1

40 KING STREET W, Cobourg, Ontario, K9A2M1 (ID X11888354)
Representative
Anthony Halcovitch
Sales Representative
COLDWELL BANKER ELECTRIC REALTY Brokerage
Cell: 705-768-3592
Tel: 705-243-9000

$1,899,000 - For sale

ID#:X11888354

A meticulously renovated 4-story historic brick building, dating back to the 1870s, presenting an exceptional investment for a residential, commercial mixed-use building. Located just steps from the beach, marina, & VIA station, only 100 km from Toronto, this investment property offers both charm & modern convenience in excellent condition. Renovated with high-end custom craftsmanship & designer finishes, including Canadian maple hardwood floors, vaulted ceilings, contemporary kitchen & bathrooms, built-in cabinetry, & stylish barn slider doors, it is a fabulous find. Arched windows flood the space with natural light on two floors & offer quaint views of a vibrant downtown heritage streetscape. 4 Entrances on King St plus a back Entrance & a lift elevator. On the first floor, a retail clothing store generates income & includes large display windows, an outdoor display area, & a finished basement with staff rooms, storage, & two 2-piece baths. The second floor is currently used as a studio & warehouse & could easily be converted into another living space or offices. It includes a 3-piece bath & two large rooms. On the 3rd floor a Northside living room enjoys glass doors leading to an 800 sq ft rooftop terrace, perfect for relaxing or entertaining & includes a guest BR & stunning 4-piece bath. Above a large 4th floor Primary BR Suite features a laundry/bath combo & walk-in closet. Bonus of 4 parking spaces & backing onto a public parking lot. The business is also available for sale, providing a unique live-work opportunity. Option for the buyer to buy & run the business or the current owner may rent the commercial space from the Buyer. Modern heat/cool pump on upper floors & gas furnace a/c on main floor. This is a rare gem in the heart of downtown close to the VIA Station (100km to Toronto) Just steps to the beach, marina & harbourfront tourist area. A smart acquisition for income or Live-Work space with significant growth potential. **** 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. Ship/Receive Access in back. (id:2471)

Location Description2nd Street or Division Street

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Property Details
  • Property Address:40 KING STREET W, Cobourg, Ontario, K9A2M1
  • Property Type:Retail
  • Community Name:Cobourg
  • Lot Size:29.828 x 135.91 FT ; 30.63 ft x 135.91 ft x 29.82 ft x 52.44
  • Water Type:Municipal water
Structure Details for 40 KING STREET W, Cobourg, Ontario, K9A2M1
  • Structure Style:Residential Commercial Mix
  • Bathrooms:5
  • Floor Space:8022.8 sqft
  • Heating Type:Natural gas, Forced air
  • Cooling Type:Fully air conditioned
  • Appliances Included:Water Heater
Amenities for 40 KING STREET W, Cobourg, Ontario, K9A2M1 Irregular lot size
  • Amenities Nearby:Public Transit
Representative
Anthony Halcovitch
Sales Representative
COLDWELL BANKER ELECTRIC REALTY Brokerage
Cell: 705-768-3592
Tel: 705-243-9000
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40 KING STREET W, Cobourg, Ontario, K9A2M1

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