259 Division St Cobourg, Ontario K9A 3P9

10,725 ft2
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: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

Contact Us

Contact us for more information


Generating Captcha

Your Favourites

 

No Favourites Found

 

What Client say about us

Roxanne Miller Oshawa

Our real estate experiences had not been very positive over the past 12 years until we met Tula Thomas. Tula’s real estate expertise, her incredible knowledge of the area we were moving to (Oshawa), and most importantly her honesty made our house purchasing and lifestyle change experience very manageable. Tula was supportive every step of… Read more “Roxanne Miller Oshawa”

Roxanne Miller Oshawa

Lorraine Strelesky

Tula Thomas recently helped us locate and purchase a home in Oshawa. She is very experienced and helpful and went beyond our expectations , even calling on closing to ensure things were moving as planned. We highly recommend Tula and perhaps we will work together again.

Lorraine Strelesky

Terri – Tony

We would recommend Tula Thomas to anyone we know who is buying or selling a home. Tula helped us with the challenge of finding the perfect home for a very particular 28 year old. We couldn’t have done it without her knowledge, professionalism, patience and mostly her quick action. Tula offered us great advice on… Read more “Terri – Tony”

Terri - Tony 3156 Concession Rd. 8, Orono, Ontario L0B 1M0

Frank & Cindy Geard

Dear Broker, Our experience with Tula Thomas was an exceptional one. We found her to be professional, knowledgeable and went above and beyond our expectation. We would highly recommend her to all of our family and friends, in fact we have. She helped in the purchase of my daughter and son in laws first home.… Read more “Frank & Cindy Geard”

Frank & Cindy Geard

Adam & Melissa

Tula, With deepest sincerity, we want to express how grateful we are with your professionalism, attention to details and willingness to “shout from the rooftops” in order to sell our home. Thank you, Thank you, Thank you! Best wishes to you and Hayley Adam, Melissa, Dayna & Linda.

Adam & Melissa

Sally and Pat

Thank you for making the sale of our property so seamless. With your experience, we got $15,100.00 more than what we were told was the highest we could get for it. We are over the moon with the results and we can’t thank you enough for all you’ve done. We have told many of our… Read more “Sally and Pat”

Sally and Pat