10 - 79 King Street

Cobourg, ON

2 bath
720 sqft
Commercial Retail
168 days on market

$449,000

Exceptional opportunity to own a prime Main Street commercial condo in the heart of a vibrant destination downtown shopping, dining, boutique tourist district. The unit features large Main Street display windows, excellent signage visibility, and a spacious front patio-perfect for seasonal dining.This is a high-exposure location. Formerly Tezca, a popular Mexican cantina style food & tequila/cocktail bar. (Photos are of former restaurant decor & set up. Now a blank slate for your ideas. ) Kitchen infrastructure in place, charming details such as Exposed Brick wall, with Lam flooring & PVC walled Kitchen for easy clean up. A versatile commercial unit ideal for restauranteurs or investors who wish to purchase as income property and rent out. Owner can remove kitchen equipment - flexibility to reconfigure for a variety of commercial uses if buyer prefers. Enjoy steady pedestrian and drive-by traffic in a lively area surrounded by patrons from professional offices, banks, and residential communities. Extensively upgraded within the last 5 years and fire-retrofitted, the property includes significant improvements to plumbing, electrical, HVAC systems, kitchen areas, and 2 washrooms, making it well-suited for immediate use or further customization or personalization. Located steps to the waterfront tourist district, beach, boardwalk, marina, and yacht club, drawing visitors and locals year-round. Conveniently positioned only 1 block from VIA Rail, providing easy access for commuters, staff, and tourists, 100 KM from Toronto. Additional basement storage (approx. 5 ft. height) included. Restaurant kitchen equipment, dining chattels, patio railings included. A rare chance to own a well-located commercial space in a thriving downtown destination-ideal for hospitality, retail, or conversion for professional office use. TMI Includes: Condo Fee $368.95/M Taxes $427/m all subject to HST Condo Fee Covers Water/Bldg Insurance/Common Elements Maintenance, Reserve Fund.

Listing Details

Taxes (2026): $5,124
Listed: March 20, 2026

Price History

Listing history

Property

Age: 6-15

Parking

Garage: None

Utilities

Sewer: Sanitary

Location & Legal

Cross Street: Third St And King St W
Zoning: Mc
Parcel Number: 518620011
Possession: Immediate
Occupancy: Vacant

Commercial

Business Type: Hospitality/Food Related

Included

Inclusions: Kitchen Equipment: Oven, SS Fridges, Freezers, Prep Tables. Dining tables, Chairs, Some small wares. Patio Railings. Exp. Brick Wall, Wood Lam Flooring. Kitchen w/ Pvc Walls. Updated: Plumbing, Electrical, Heat/Cooling, Fire Retrofit. Ductless On-Wall Heat/Cooling & electric heaters.

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: $638,700
Homes sold: 356
Median days on market: 27
Sale-to-list price: 97.5%

Based on 356 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.

Location

Street View

Commercial figures

Building area: 720 sq ft
Price per sq ft: $623.61
Annual property tax: $5,124
Tax per sq ft: $7.12

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

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