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D - 79 King Street

D - 79 King Street

Cobourg, ON

  • 995 sqft
  • Commercial Retail
  • 237 days on market
$499,000

State-of-the-art commercial condo. Fully renovated with premium design, transferable licensing, & outstanding flexibility, making it ideal for investors or owner-operators alike. A Rare Value! Exceptional opportunity to own a turnkey restaurant, cafe, or bar in the heart of a vibrant, high-traffic downtown tourist district 100 km from Toronto. Professionally rebuilt 2 years new, the space was fully renovated & showcases high-grade fixtures finishes throughout, wrapped in a sleek, modern, minimalist aesthetic designed for both efficiency & visual impact. Formerly operating as a successful espresso, wine, craft beer, martini bar, the unit attracted a loyal clientele. LCBO licensed for 30 seats (transferable), an elegant long bar with granite steel countertops, a book-matched marble backsplash with stacked handmade wall tile, durable 24" x 24" terrazzo-style porcelain flooring. Additional features include steel shelving, large display windows with security gates, washrooms, a generous prep storage room, basement storage (wet-wrapped & dry), rear access beyond 2 washrooms, a small outdoor cafe table area. Ideally positioned steps from the marina, yacht club, lake, beach, park & adjacent to cultural landmarks such as Victoria Hall & the Art Gallery, Concert Hall, live Music venues. Surrounding streets are lined with boutiques, professional offices, banks, entertainment, dining, ensuring consistent year-round foot traffic. Purchase as a pure investment with a tenant ready to lease, or buy & owner operate your own concept immediately. Select equipment, including a Bosco espresso machine & professional barista setup negotiated separately. With ample street & nearby lot parking, proximity to the VIA Rail station, and easy access via the 401/407 corridor, this location is perfectly positioned to benefit from continued growth & tourism momentum. A rare, high-quality commercial condo in a premier downtown location-ideal for investors, restaurateurs, or lifestyle entrepreneurs.

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Listing Details

Taxes (2025)
$5,050
Listed
January 19, 2026

Price History

Property

Age
6-15

Parking

Garage
None

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Third St And King St W
Zoning
MC
Parcel Number
518620005
Possession
Immediate
Occupancy
Vacant

Commercial

Business Type
Hospitality/Food Related

Included

Inclusions
ALL ELF, Contemporary tables/chairs/stools. B/In Shelving, bar, fridges, coolers, dishwasher, display cases, Point of Sale system. NEGOTIABLE: Bosco Espresso Machine, Mazzer Kold Grinders, Newco Drip Coffee Maker Mahlkonig Drip Coffee Grinder, small wares, coffee scales/weighing systems.
Exclusions
NEGOTIABLE: Bosco Espresso Machine, Mazzer Kold Grinders, Newco Drip Coffee Maker Mahlkonig Drip Coffee Grinder, small wares, coffee scales/weighing systems.

Property Insights

hot tubtile floorscrown moulding

AI-generated from listing photos. Not professional advice.

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
358
Median days on market
27
Sale-to-list price
97.4%

Based on 358 recorded sales of commercial properties in Cobourg over the last 12 months.

Listed by

Century 21 United Realty Inc.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
995 sq ft
Price per sq ft
$501.51
Annual property tax
$5,050
Tax per sq ft
$5.08

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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