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$988,000
Ontario,Cobourg
For Sale Active
31 KING STREET E, Cobourg, Ontario K9A1K6
  • 5,457 Sqft
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Basic Details
Description

AMAZING INVESTEMENT OPPORTUNITY FOR INVESTORS AND END USER!! Excellent investment and lifestyle opportunity in the heart of downtown Cobourg. This solid brick semi-detached building offers a strong mixed-use configuration featuring a fully operating restaurant on the main level and two spacious residential apartments on the second floor each with a view of the lake. The main floor restaurant has been

recently upgraded and is well maintained, with a proven history of successful operation. It includes an inviting layout and an outstanding patio area that has become a popular destination for patrons over the years. The second level consists of two large residential apartments, both well proportioned and suited for long-term tenants. The property is fully tenanted, with the restaurant paying approximately $6, 250/month including HST, and each residential unit renting for approximately $1, 100/month, providing stable and consistent income. Situated in Cobourg’s vibrant downtown, the property benefits from steady pedestrian activity, local amenities, and year-round appeal from both tourists and residents. The location is enhanced by its proximity to the waterfront, with the popular marina and Cobourg Beach just a short walk away, drawing significant seasonal and weekend traffic. The building is well maintained throughout and includes a full basement. Existing tenants would be happy to remain, providing a seamless investment transition, or vacant possession can be arranged for an owner-operator. A rare opportunity to acquire a well-performing mixed-use asset in one of Cobourg’s most desirable and high-traffic downtown locations. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X13166864
  • Price: $988,000
  • Square Footage: 5,457 Sqft
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 290358
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Partially air conditioned
Address Map
  • Location: CA, Ontario, Cobourg, K9A1K6
  • Street: King
  • Street Number: 31
  • Street Suffix: Street
  • Longitude: W79° 50' 8.9''
  • Latitude: N43° 57' 36.1''
  • Street Dir Suffix: East
Additional Information
  • Water Source:
  • Lot Size Dimensions: Bldg=33.04 x 165.02 FT
Financial
  • Tax Annual Amount: 13023
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Listing updated: 2026-06-15 08:30:51
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Listing Information
  • List Agent Key: 2027846
  • List Office Key: 290358
  • Modification Timestamp: 2026-06-08T15:40:28Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-06-08T15:34:32Z
Powered by REALTOR.ca
Listing updated: 2026-06-15 08:30:52
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