$499,000
Available - For Sale
Listing ID: X12711350
79 King Street West , Cobourg, K9A 2M4, Northumberland
| State-of-the-art commercial condo. Fully renovated with premium design, transferable licensing, & outstanding flexibility, making it ideal for investors or owner-operators alike. A Rare Value! Exceptional opportunity to own a turnkey restaurant, cafe, or bar in the heart of a vibrant, high-traffic downtown tourist district 100 km from Toronto. Professionally rebuilt 2 years new, the space was fully renovated & showcases high-grade fixtures finishes throughout, wrapped in a sleek, modern, minimalist aesthetic designed for both efficiency & visual impact. Formerly operating as a successful espresso, wine, craft beer, martini bar, the unit attracted a loyal clientele. LCBO licensed for 30 seats (transferable), an elegant long bar with granite steel countertops, a book-matched marble backsplash with stacked handmade wall tile, durable 24" x 24" terrazzo-style porcelain flooring. Additional features include steel shelving, large display windows with security gates, washrooms, a generous prep storage room, basement storage (wet-wrapped & dry), rear access beyond 2 washrooms, a small outdoor cafe table area. Ideally positioned steps from the marina, yacht club, lake, beach, park & adjacent to cultural landmarks such as Victoria Hall & the Art Gallery, Concert Hall, live Music venues. Surrounding streets are lined with boutiques, professional offices, banks, entertainment, dining, ensuring consistent year-round foot traffic. Purchase as a pure investment with a tenant ready to lease, or buy & owner operate your own concept immediately. Select equipment, including a Bosco espresso machine & professional barista setup negotiated separately. With ample street & nearby lot parking, proximity to the VIA Rail station, and easy access via the 401/407 corridor, this location is perfectly positioned to benefit from continued growth & tourism momentum. A rare, high-quality commercial condo in a premier downtown location-ideal for investors, restaurateurs, or lifestyle entrepreneurs. |
| Price | $499,000 |
| Taxes: | $5050.00 |
| Tax Type: | Annual |
| Monthly Condo Fee: | $425 |
| Occupancy: | Vacant |
| Address: | 79 King Street West , Cobourg, K9A 2M4, Northumberland |
| Postal Code: | K9A 2M4 |
| Province/State: | Northumberland |
| Directions/Cross Streets: | Third St And King St W |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Commercial Condo |
| Use: | Hospitality/Food Related |
| Building Percentage: | F |
| Total Area: | 995.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Approximatly Age: | 6-15 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Outside Storage: | F |
| Crane: | F |
| Clear Height Feet: | 6 |
| Grade Level Shipping Doors #: | 1 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | No |
| Sewers: | Sanitary+Storm |
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| Century 21 United Realty Inc. |
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Zulakha Ghafoor
Sales Representative
Dir:
647-269-9646
Bus:
416.898.8932
Fax:
647.955.1168
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Northumberland |
| Municipality: | Cobourg |
| Neighbourhood: | Cobourg |
| Approximate Age: | 6-15 |
| Tax: | $5,050 |
| Fireplace: | N |
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