901 Victoria St N Kitchener, ON

259 Division St, Cobourg, Ontario K9A 3P9 (26177820)


LOADING

259 Division St Cobourg, Ontario K9A 3P9

10725 sqft
Fully Air Conditioned

$2,580,000

Downtown Cobourg mixed-use plaza! This corner property features 4 commercial units and 6 residential units (3 x 2 bdrm 3 x 1 bdrm). Long term stable commercial anchor tenants. Excellent curb appeal with over 100 ft of frontage on Division St , Easy management either continue with current management company or manage it yourself. Total of 21 parking spaces (17 owned and 4 leased from the Town) and backs onto Cobourg downtown free municipal parking lot. Solid brick constructions with basements for potential income opportunity. Stabilized net income over $12K a month. Seller would consider financing to qualified buyer with a sufficient downpayment. The Listing Agent will be doing collective showings.**** EXTRAS **** 2 of the 6 residential units recently updated collecting higher rents. Potential to continue to improve income on the remaining 4 residential units (id:50976)

Property Details

MLS® Number X7220820
Property Type Business
Community Name Cobourg
Amenities Near By Public Transit

Building

Cooling Type Fully Air Conditioned
Size Interior 10725 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Size Irregular 100 X 165 Ft
Size Total Text 100 X 165 Ft

https://www.realtor.ca/real-estate/26177820/259-division-st-cobourg-cobourg

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Lincoln Lin
Salesperson

(416) 739-7200

Sutton Group-Admiral Realty Inc.
1206 Centre Street
Thornhill, Ontario L4J 3M9

(416) 739-7200
(416) 739-9367
www.suttongroupadmiral.com/

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