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40 King Street Image 1

$1,899,000

Dec 10, 2024Store W Apt/Office For Sale
bedroomsbed
washrooms0bath
MLS - #X11888354

40 King Street, Cobourg, ON K9A 2M1

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Property Description

Property type

Store W Apt/Office

Lot size

N/A

Style

Approx. Area

N/A

About 40 King Street

Excellent Opportunity! This could make an Amazing Boutique Hotel in a Prime Tourist District! Exceptional High-Grade Professional Reno Income Property. A Rare find. Superior condition, Mixed-Use Residential/Commercial Investment. Flexibility of use for this immaculate building in the heart of downtown close to the VIA Station (100km to Toronto. A completely updated top to bottom, 4-story historic brick character building c.1870s Located steps to Beach, Marina, Yacht Club. VIA station 1Blk N & 100 km to Toronto. A Live-work or Investors dream! Quality custom craftsmanship & designer finishes: Canadian maple Hardwood floors, Vaulted ceilings, Contemporary Kitchen & Baths, B/In Cabinetry, Barn Doors. Arched windows flood light in to upper living spaces. Views over a vibrant downtown. 4 Entrances King St & back Entrance. Lift Elevator. 1st Flr is a retail clothing store & includes Large Display Windows, finished basement w/ Staff Room, Storage, 2 2-piece baths. 2nd Flr used as Office/Studio & Warehouse - could be converted into another living space. It features a 3-piece Bath & 2 Large Rooms. On the 3rd flr a Northside living room enjoys Glass Doors out to an 800 sq ft Rooftop Terrace. Perfect for relaxing or entertaining. Includes a guest BR & modern 4-piece bath. A top Floor Grande, Primary BR Suite with a Laundry/Bath combo & Walk-in Closet. Bonus in 4 Parking Spaces backing onto public parking lot. Ship/Receive Access in back. The business is available for sale, providing a unique live-work opportunity if interested! Owners will consider to vacate the space also or may rent that space back until the business sells. Modern heat/cool pump on upper floors & gas furnace a/c on main floor. A smart acquisition for income or Live-Work space. **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.

Home Overview

Last updated

Apr 20

Virtual tour

None

Basement information

Building size

8022.8

Status

In-Active

Property sub type

Store W Apt/Office

Maintenance fee

$N/A

Year built

--

Listed by CENTURY 21 ALL-PRO REALTY (1993) LTD.

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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