259 Division St Cobourg, Ontario K9A 3P9
$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:26892)
Property Details
| MLS® Number | X7220820 |
| Property Type | Business |
| Community Name | Cobourg |
| Amenities Near By | Public Transit |
Building
| Cooling Type | Fully Air Conditioned |
| Size Interior | 10,725 Ft2 |
| 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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