40 King Street W Cobourg, Ontario K9A 2M1

$1,899,000

Excellent Opportunity! This could make an Amazing Boutique Hotel in a Prime Tourist District! Exceptional High-Grade Professional Reno Income Property. A Rare find. Superior condition, Mixed-Use Residential/Commercial Investment. Flexibility of use for this immaculate building in the heart of downtown close to the VIA Station (100km to Toronto. A completely updated top to bottom, 4-story historic brick character building c.1870s Located steps to Beach, Marina, Yacht Club. VIA station 1Blk N & 100 km to Toronto. A Live-work or Investors dream! Quality custom craftsmanship & designer finishes: Canadian maple Hardwood floors, Vaulted ceilings, Contemporary Kitchen & Baths, B/In Cabinetry, Barn Doors. Arched windows flood light in to upper living spaces. Views over a vibrant downtown. 4 Entrances King St & back Entrance. Lift Elevator. 1st Flr is a retail clothing store & includes Large Display Windows, finished basement w/ Staff Room, Storage, 2 2-piece baths. 2nd Flr used as Office/Studio & Warehouse - could be converted into another living space. It features a 3-piece Bath & 2 Large Rooms. On the 3rd flr a Northside living room enjoys Glass Doors out to an 800 sq ft Rooftop Terrace. Perfect for relaxing or entertaining. Includes a guest BR & modern 4-piece bath. A top Floor Grande, Primary BR Suite with a Laundry/Bath combo & Walk-in Closet. Bonus in 4 Parking Spaces backing onto public parking lot. Ship/Receive Access in back. The business is available for sale, providing a unique live-work opportunity if interested! Owners will consider to vacate the space also or may rent that space back until the business sells. Modern heat/cool pump on upper floors & gas furnace a/c on main floor. A smart acquisition for income or Live-Work space. **EXTRAS** All SS Appls. Heat Pump/Wall unit. Lift. Maple Hardwood Floors, Vaulted Ceiling, Pot Lights, Fans, Contemporary Kitchen & Baths, B/in Cabinets. Warehouse Space on 2nd Fl. Office/Studio. Central Vac.& Components. (id:59743)

Property Details

MLS® Number	X11888354
Property Type	Retail
Community Name	Cobourg
Amenities Near By	Public Transit
Features	Irregular Lot Size

Building

Bathroom Total	5
Appliances	Central Vacuum, Water Heater
Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	8,023 Ft2
Type	Residential Commercial Mix
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Public Transit
Size Depth	135 Ft ,10 In
Size Frontage	29 Ft ,9 In
Size Irregular	29.828 X 135.91 Ft ; 30.63 Ft X 135.91 Ft X 29.82 Ft X 52.44
Size Total Text	29.828 X 135.91 Ft ; 30.63 Ft X 135.91 Ft X 29.82 Ft X 52.44
Zoning Description	Mc-4

https://www.realtor.ca/real-estate/27727865/40-king-street-w-cobourg-cobourg