$1,699,900
Available - For Sale
Listing ID: X11943810
249-255 Division St , Cobourg, K9A 3P9, Ontario


Investment property in Downtown Cobourg. 7 Apartments, 9-12 commercial units (adaptive layout) 19 parking spaces. This property has incredible potential for for the commercial investor, located in the growing business sector of downtown Cobourg. Plenty of thriving retail, office and commercial businesses continue to seek space. Highly demanded residential spaces offer a balance of incomes. This building has adaptive layout allowing business to expand within their existing space if needed. Single offices, multi office + reception spaces, storefront retail facing Division St, basement storage and laundry, back private parking lot adjacent to the town lot gives so many options for successful businesses to operate.
Extras:   Updates - roof (flat sections, 2015, 2019), decks (2021), locking systems 2024, painting (common corridors), apartments (3 updated during tenant turnover 2019, 2021, 2024)
Price $1,699,900
Taxes: $19459.00
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 249-255 Division St , Cobourg, K9A 3P9, Ontario
Postal Code: K9A 3P9
Province/State: Ontario
Legal Description: PT LT 13 BLK D N/S KING ST AND S/S COVER
Lot Size: 61.62 x 165.15 (Feet)
Directions/Cross Streets: King Street
Category: Multi-Use
Use: Retail Store Related
Building Percentage: N
Total Area: 7800.00
Total Area Code:  Sq Ft
Retail Area: 7800
Retail Area Code: Sq Ft
Area Influences: Public Transit   Rec Centre
Approximatly Age: 51-99
Franchise: N
Sprinklers: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Part
Sewers: Sanitary
Water: Municipal
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Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK FIRST GROUP REALTY LTD.
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Nick Sabouri
Sales Representative
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416-735-0345
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416-494-7653
Fax:
416-494-0016
 
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At a Glance:
Type: Com - Commercial/Retail
Area: Northumberland
Municipality: Cobourg
Neighbourhood: Cobourg
Style:
Lot Size: 61.62 x 165.15(Feet)
Approximate Age: 51-99
Tax: $19,459
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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