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A&B - 79 King Street

A&B - 79 King Street

Cobourg, ON

  • 2 bath
  • 2,263 sqft
  • Commercial Retail
  • 111 days on market
$550,000

**2 Commercial Condo Units** on Main Floor with a shared vestibule! Superior Office and Retail Prime Main St Location. Unit 1 Long Term Office Tenant installed. Owner can occupy Unit B as Tenant is relocating to upsize. Available June1/2026. These excellent Contemporary Units are in highly visible location and very well-renovated. Connected by shared wall & front vestibule but both private units have been rented separately for years. (Possibility to combine back to one large unit but Condo approval would be needed) Both have large Storefront Main Street Display Windows. Unit A offers welcoming Reception area, 4 Offices, Two 2-pce Baths R/in, Storage/File Cupboards. Unit B is a large & Open Retail space tenanted previously as successful Retail shop. Both units have High Ceilings, Newer Flooring, Move in and start your business right away. This is a fantastic price for a turnkey investment in an in-demand district. Bustling Downtown Heritage Street in Cobourg's business, boutique & tourist district. Steps to Marina, Yacht Club, Harbour, Lakefront, Esplanade & Beach. VIA Station is 1blk north. 401 close by. 100KM to Toronto for commuters. Set amongst Key Anchor Tenants, Banks, Financial & Professional Services, Victoria Hall, Art Gallery, Concert Hall, Restaurants, Cafes in the Business, Shopping, Entertainment & Tourist District. Unit A Tenant pays Base Rent $1,584.91/m + $770.75 TMI (Condo Fee $451.28/m & Property Tax $319.47/m) + Share of Heat/Utilities. Condo fee covers: Water, Bldg. Insurance, Common Elements, Reserve fund, Property Mgmt. Unit A Tenant pays $940.81/m TMI (Condo Fee $541.04/m + Property Tax $399.77/m) Gross Income With Unit B Vacant is: $19,019 per month Unit B can be Owner Occupied if not rented prior to purchase. It is being offered to Rent at $21 psf Tenants pay all Taxes, TMI, including the Condo Fee which covers Bldg Insurance, Water, Common Elements, Reserve Fund & Property Mgmt fees.

Listing Details

Taxes (2026)
$8,400
Listed
May 18, 2026

Price History

Property

Age
16-30

Parking

Garage
None

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Third St/King St W
Zoning
Main Commercial
Parcel Number
518620002
Possession
Immediate
Occupancy
Tenant

Commercial

Business Type
Other
Office / Apartment Area
1143 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
$632,500
Homes sold
352
Median days on market
27
Sale-to-list price
97.4%

Based on 352 recorded sales of commercial properties in Cobourg over the last 12 months.

Listed by

Century 21 United Realty Inc.

Walk Score

95

Walk

78

Bike

Scores by Walk Score®

Commercial figures

Building area
2,263 sq ft
Price per sq ft
$243.04
Annual property tax
$8,400
Tax per sq ft
$3.71

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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