66 Elgin Street
Cobourg, ON
- 5,100 sqft
- Commercial Retail
- 51 days on market
Exceptional investment opportunity in one of Cobourg's established commercial corridors. This fully leased income producing property combines stable cash flow, future development potential and a highly desirable location with exceptional visibility and exposure. With over 5,000sq. ft., this building is home to three established commercial tenants, providing immediate rental income while minimizing vacancy risk. Situated on a high traffic route with 13 municipally allocated parking spaces, the property offers excellent accessibility for tenants and customers alike, a valuable feature that's increasingly difficult to find in Cobourg. Positioned within the LM-14 zoning designation, the property also presents future opportunities for investors. In addition to its existing commercial use, the property includes one residential zoning component and may offer the potential to add/convert a residential unit, subject to approval from the Town of Cobourg, creating an opportunity to further enhance revenue over time. The current owners have made substantial capital improvements throughout their ownership, including a steel roof, multiple ductless heating and cooling systems, renovated commercial spaces, updated kitchens and bathrooms, new flooring, doors, security upgrades, mechanical improvements and more. These investments provide peace of mind while reducing the likelihood of major capital expenditures in the near future. Whether you're expanding an investment portfolio, securing a long term commercial asset or looking for a property with additional upside, 66 Elgin Street West offers a compelling combination of reliable income, quality improvements and future potential in one of Northumberland County's strongest commercial markets.
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Listing Details
- Taxes (2026)
- $18,508
- Listed
- July 16, 2026
Price History
Listing history
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Property
- Lot Size
- 74.74 x 205 Feet
Parking
- Garage
- Other
Location & Legal
- Cross Street
- Division St & Elgin St
- Zoning
- LM-14
- Parcel Number
- 510960049
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Included
- Exclusions
- Tenant Belongings
- Rental Items
- None
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
RE/MAX Rouge River Realty Ltd.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
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Commercial figures
- Building area
- 5,100 sq ft
- Price per sq ft
- $215.49
- Annual property tax
- $18,508
- Tax per sq ft
- $3.63
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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