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74 King Street

74 King Street

Cobourg, ON

  • 2 bath
  • Sale Of Business
  • 90 days on market
$75,000

Open in time for the Summer crowds!! An exciting opportunity awaits in the heart of downtown Cobourg with the sale of The EL. Currently closed, The EL was a thriving and well-established gastropub located at 74 King Street West. With one of the best and most central patios *front and back* with Victoria Hall as the backdrop!! Just steps from the marina, waterfront, and a steady flow of both local and tourist traffic, this business is ideally positioned for continued success. The EL is widely recognized for its inventive menu, creative cocktails, and playful brand identity that has cultivated a loyal following throughout Northumberland County and beyond. The restaurant has been thoughtfully renovated and features modern décor, comfortable seating, and a vibrant atmosphere that keeps guests coming back. Its reputation for globally inspired comfort food and memorable hospitality has solidified its place as a destination for locals and visitors alike. The sale includes The EL name, logo, social media pages, all fixtures, furnishings, and kitchen equipment, offering a quick, turnkey transition for the next owner. With a proven track record of both dine-in and take-out service, as well as strong community connections, The EL presents an outstanding opportunity for an experienced restauranteur or entrepreneur seeking a new venture. Additional potential exists to continue to grow the business further through catering, special events, and expanded seasonal offerings. This is your chance to own a dynamic business in one of Ontario's most desirable lakeside towns, with the lifestyle benefits that come from operating in Cobourg's welcoming and vibrant community. New lease to be signed with landlord - building owner is the owner of The EL. Front and back patios + full use of basement, included.

Listing Details

Listed
June 9, 2026

Price History

Listing history

Sign in to view

Parking

Garage
None

Location & Legal

Cross Street
Division St.
Zoning
(MC) MAIN CENTRAL COMMERCIAL
Parcel Number
510940244
Possession
Flexible
Occupancy
Owner

Commercial

Business Type
Restaurant

Included

Inclusions
see Sch B
Exclusions
see Sch B
Rental Items
dishwasher & glass washer - must sign own agreement

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
$630,000
Homes sold
353
Median days on market
27
Sale-to-list price
97.4%

Based on 353 recorded sales of commercial properties in Cobourg over the last 12 months.

Listed by

Royal Lepage Proalliance Realty

Walk Score

95

Walk

78

Bike

Scores by Walk Score®

R

Reita | Assistant

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