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520 Thompson Street

520 Thompson Street

Cobourg, ON

  • 7,186 sqft
  • Industrial
  • 361 days on market
$2,700,000Price reduced 10%

Located in desirable Lucas Point, in the town of Cobourg, this property is situated on a corner lot at the intersection of Willmot Street and King Street East. Limited availability of properties in this size range with excess land, this offering presents the right buyer long-term growth opportunities. Low site coverage at 5.6% on 3.11 acres of land, this lot is fully secure and gated with exterior electrical hook-ups. Freestanding building has 3 oversized drive-in doors with power, trenched warehouse floor drains, radiant heat and LED lighting. Current zoning of LM permits an abundance of uses such as, building supply and equipment rental. Existing furniture can also be negotiated.

Listing Details

Taxes (2025)
$28,024
Originally Listed
$2,999,999
Listed
September 9, 2025

Price History

Parking

Garage
None

Utilities

Sewer
Sanitary+Storm Available

Location & Legal

Cross Street
Willmot Street / King Street East
Zoning
M1
Possession
Immediate
Occupancy
Vacant

Commercial

Business Type
Warehouse
Office / Apartment Area
1007 Sq Ft

Community

Postal area K9A

Population
26,757
Private dwellings
11,937
Median age
53.2
Average household size
2.3
Median household income
$82,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Cobourg · last 12 months

Median sold price
$635,000
Homes sold
355
Median days on market
27
Sale-to-list price
97.4%

Based on 355 recorded sales of commercial properties in Cobourg over the last 12 months.

Listed by

JONES LANG LASALLE REAL ESTATE SERVICES, INC.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
7,186 sq ft
Price per sq ft
$375.73
Annual property tax
$28,024
Tax per sq ft
$3.90

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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