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Home ON Cobourg
249-255 DIVISION STREET
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249-255 DIVISION STREET $1,699,000
$1,699,000
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249-255 DIVISION STREET
Cobourg, Ontario K9A3P9

MLS® Number: X12190185

Listing Description

Investment property in Downtown Cobourg. 7 Apartments, 9-12 commercial units (adaptive layout) 19 parking spaces. This property has incredible potential for for the commercial investor, located in the growing business sector of downtown Cobourg. Plenty of thriving retail, office and commercial businesses continue to seek space. Highly demanded residential spaces offer a balance of incomes. This building has adaptive layout allowing business to expand within their existing space if needed. Single offices, multi office + reception spaces, storefront retail facing Division St, basement storage and laundry, back private parking lot adjacent to the town lot gives so many options for successful businesses to operate. **EXTRAS** Updates - roof (flat sections, 2015, 2019), decks (2021), locking systems 2024, painting (common corridors), apartments (3 updated during tenant turnover 2019, 2021, 2024) (40593670)

Location Description

King Street

Property Summary

Property Type
Retail
Community Name
Cobourg
Land Size
61.62 x 165.15 FT
Age Of Building
51 to 99 years
Annual Property Taxes
$19,459
Total Parking Spaces
19
Time on REALTOR.ca
24 days

Building

Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Other (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Business
Business Type
Retail and Wholesale (Retail misc.)
Neighbourhood Features
Amenities Nearby
Public Transit, Recreation
Parking
Total Parking Spaces
19

Measurements

Square Footage
7800 sqft

Land

Lot Features
Frontage
61 ft ,7 in
Land Depth
165 ft ,1 in
Other Property Information
Zoning Description
COMM
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
TRENHOLM PARKER