2 Bathroom
1143 sqft
Fully Air Conditioned
Forced Air
$349,000
Professional Offices Investment Opportunity! Superb, renovated Commercial Condo with Large Main Street Display Windows, 4 Offices, a Reception Area, Two 2-pce Baths R/in, Storage. Located well in a busy Downtown heritage streetscape in the business, boutique & tourist district steps to the Beach/Marina. Select your next investment in this in-demand district just Steps to Marina, Harbour, Lakefront, Esplanade & Beach. VIA Station is 1blk north & 1hr to Toronto for commuters. Unit shares entry vestibule common area w/ adjacent unit w/ Tenant in place. Set amongst Key Anchor Tenants, Banks, Financial & Professional Services, Victoria Hall, Art Gallery, Concert Hall, Restaurants, Cafes in the Business, Shopping, Entertainment & Tourist District. Tenant pays Condo Fee $493.69/m, Property Tax, Heat/Utilities. (Condo fee covers Water, Bldg Insurance, Common Elements, Reserve fund, Property Mgmt.) Gross Income $18,288.00 Cap Rate 4.6% Solid Tenant Business Offices Lease just renewed 10/31/24 **** EXTRAS **** High Ceilings, Large Front Windows. Updated Laminate Flooring, Lighting, 2-2pce Baths R/In, Storage Cupboards, Shared Front vestibule entrance. Outdoor display area. Heritage District. Investment w/ long term tenant. Adjacent condo for sale (id:27910)
Property Details
MLS® Number
|
X8435474 |
Property Type
|
Retail |
Community Name
|
Cobourg |
Amenities Near By
|
Public Transit |
Farm Type
|
Other |
Building
Bathroom Total
|
2 |
Cooling Type
|
Fully Air Conditioned |
Heating Fuel
|
Electric |
Heating Type
|
Forced Air |
Size Interior
|
1143 Sqft |
Type
|
Retail |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Public Transit |
Sewer
|
Sanitary Sewer |